Steel Dynamics acquires ROCA ACERO

Steel Dynamics has acquired ROCA ACERO, a scrap processing company based in Monterrey, Mexico, to increase its scrap processing capacity in Mexico to over 2.5 million gross tons annually. The acquisition was announced on October 4, 2022.

“The acquisition, funded with available cash, positions Steel Dynamics to increase its scrap processing capacity in Mexico to over 2.5 million gross tons annually.”stocktitan.net

• 2 sources
• stocktitan.netSteel Dynamics (STLD) Stock News, May-Oct 2022 | StockTitanOct 4, 2022
• steelorbis.comSDI completes acquisition of Mexican scrap processorOct 4, 2022

Summarized from public sources; check the original articles before acting on it.