NEW YORK David J. Joseph Co. (DJJ) has been named the primary scrap buying agent for specialty flat-rolled aluminum producer JW Aluminum Co.s Mount Holly, S.C., facility.
The agreement is effective Jan. 21, Cincinnati-based DJJ said. Mount Holly-based JW Aluminum will continue to source scrap directly for its other three facilities.
"We are excited to announce the agency agreement with JW Aluminum, who has been a business partner for over three decades," DJJ metals group vice president Terry Rath said. "This agency agreement brings a variety of benefits to JW Aluminum. In addition to DJJs financial strength and global sourcing of quality raw materials, JW Aluminum is assured quality supply at competitive costs, with administrative efficiencies and logistics expertise."
DJJ, a wholly owned subsidiary of Charlotte, N.C.-based steelmaker Nucor Corp., under the terms of the agreement will provide marketing, administrative and support services to JW Aluminums scrap suppliers, DJJ said.