ArcelorMittal acquires steel recycling business to upgrade steel making

  • ArcelorMittal, world’s leading integrated steel and mining company, has acquired Scottish recycling business John Lawrie Metals Ltd, as per company sources.
  • This acquisition comes as part of the company’s strategy of increasing the use of scrap steel to lower CO2 emissions from steel making.
  • The deal was finalised on 28 Feb’22.

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