CMC acquiring San Antonio shredder from rival

May 30, 2014 | 10:52 AM | Lisa Gordon

Tags  auto shredder, steelmaker, metals recycler, Commercial Metals, CMC, Newell Recycling of San Antonio, scrap, Lisa Gordon

NEW YORK — Commercial Metals Co. (CMC) is buying a San Antonio auto shredder to lock up more feedstock for one of its steel mills.

The Irving, Texas-based steelmaker and metal recycler confirmed that wholly owned subsidiary Structural Metals Inc. has entered into an agreement to purchase the assets of Newell Recycling of San Antonio LP. Included....

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