Recycling Today

PSC enters the acquisition fray.(FERROUS)

PSC Metals Inc., based in Mayfield Heights, Ohio, has announced the acquisition of the ferrous and nonferrous assts at the Akron and Barberton, Ohio, yards of Ravenna Salvage Inc., also known as Akron Recycling.

The deal continues the steady move by larger scrap metal recycling firms to acquire operations. Over the first few weeks of 2007, several large-scale acquisitions have been made in the Midwest, with OmniSource, Alter Trading and Ferrous Processing and Trading all making strategic acquisitions to strengthen their coverage of the region. …

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