Commercial Metals acquires all assets of Roane Metals Group

Commercial Metals Company announced it has acquired all the assets of metal recycling company Roane Metals Group LLC. Roane is capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually at its two facilities located in Tennessee. The majority of volumes relate to obsolete ferrous scrap grades consumed by CMC‘s long product mills. The acquired assets are expected to enhance the security and supply of competitively priced inputs to CMC’s steelmaking operations.