ArcelorMittal awaits competition authority nod for acquisition of German scrap recyclers

ArcelorMittal is awaiting competition clearance before acquiring three German metals recycling companies from environmental services and recycling company Alba International Recycling, according to the German and Austrian competition regulators.

ArcelorMittal confirmed the move on Wednesday May 11.

The deal involves 10 scrap yards located in the south of Germany, across three different companies, Alba Electronics Recycling, Alba Metall Süd...

Published

Elina Virchenko

May 12, 2022

07:56 GMT

Dubai