You are here: Home > Steel News > Latest Steel News > Germany’s...

Germany’s Salzgitter expands local scrap recycling with new acquisition

Monday, 20 February 2023 10:42:11 (GMT+3)   |   Istanbul
       

Germany-based steelmaker Salzgitter Group has announced that it has acquired German recycling company Must-Metalle-Container-Recycling GmbH located in Goslar in the Harz region, in the immediate vicinity of the steelmaking location of Salzgitter.

As part of its SALCOS® - Salzgitter Low-CO2 Steelmaking program, Salzgitter intends to significantly expand its scrap recycling activities. This acquisition will facilitate the use of high-quality raw materials in steel production. 

In future, Must-Metalle-Container-Recycling will operate as an independent undertaking within the Salzgitter Group and will trade under the new name “Harzer Schrott und Recycling GmbH”.


Similar articles

Global View on Scrap: Negative mood strengthens in Turkey and Asia as year-end approaches

22 Nov | Scrap & Raw Materials

Import scrap prices in Taiwan maintain their downtrend

22 Nov | Scrap & Raw Materials

Relatively stable trend in Vietnam’s import scrap market amid uncertainties

22 Nov | Scrap & Raw Materials

Mexican domestic scrap prices - week 47, 2024

22 Nov | Scrap & Raw Materials

South Korea’s POSCO cuts its bids for Japanese scrap by $4/mt

22 Nov | Scrap & Raw Materials

Local Italian scrap prices stable, declines possible as production halts approach

22 Nov | Scrap & Raw Materials

Local German scrap market declines in Nov, stability forecast for Dec

22 Nov | Scrap & Raw Materials

US scrap markets seen sideways for December following recent strong November settles

22 Nov | Scrap & Raw Materials

Turkey’s deep sea scrap prices continue their sharp fall

21 Nov | Scrap & Raw Materials

Carbon and stainless scrap prices in Taiwanese domestic market - week 47, 2024

21 Nov | Scrap & Raw Materials