# 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.

- Type: Acquisition
- Announced: 2022-10-04
- Where: Monterrey, Mexico, Mexico
- Status: completed
- Capacity: over 2.5 million gross tons annually
- Products: scrap metal
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Steel Dynamics](https://endata.com/companies/895.md) (acquirer)
- [ROCA ACERO](https://endata.com/companies/65708.md) (target)

## Sources

- [stocktitan.net](https://www.stocktitan.net/news/STLD/page-13.html), 2022-10-04: "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."
- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/sdi-completes-acquisition-of-mexican-scrap-processor-1262468.htm), 2022-10-04: "We sincerely welcome the ROCA team into the Steel Dynamics and OmniSource Mexico families to further solidify our growth strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.