Nucor unit acquires Garden Street Iron & Metal assets

Nucor announced an acquisition on behalf of its recycling subsidiary River Metals Recycling. RMR has acquired all Cincinnati-based Garden Street Iron & Metal assets, including one feeder and one shredder yard, bringing RMR’s total number of recycling facilities to 19. This is consistent with Nucor’s raw materials strategy and demonstrates its commitment to expanding the regional recycling platforms supporting the company’s steel mills. The 43 employees of Garden Street have been offered positions with RMR.