9,672.75 TRY BIST 100 BIST 100
4.86 CNY CNY CNY
35.24 USD USD USD
36.64 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.44 TRY Interest Interest
73.58 USD Fossil Oil Fossil Oil
29.72 USD Silver Silver
4.10 USD Copper Copper
101.01 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,616.87 TRY Gold (gr) Gold (gr)

Sidenor acquires industrial scrap specialist Eplus

Sidenor announced the acquisition of Eplus, an industrial scrap specialist operating in the town of Artés, Barcelona.

Sidenor acquires industrial scrap specialist Eplus

Sidenor has acquired Eplus, an industrial scrap specialist operating in the town of Artés, Barcelona. This acquisition is seen as the latest step in Sidenor's sustainable growth strategy.

The group, led by Sidenor's Chairman José Antonio Jainaga, continues its expansion plans in the sector without slowing down, while awaiting developments regarding its potential entry into Talgo with Trilantic. Earlier this year, Sidenor acquired the Madrid-based company Miguel Martín, and last year, it incorporated the Valencia-based firm Aguilar Metal Recycling (AMR) into its group.

Eplus's 2,000-square-meter facility processes various types of waste such as ferrous and non-ferrous metals, paper, cardboard, and plastic, transforming them into reusable raw materials for the steel, metallurgy, and other industries.

Sara Jainaga, Sidenor's Sustainability Director, emphasized the importance of this move with these words: "The acquisition of Eplus strengthens our company's commitment to the circular economy and enhances Sidenor's contribution to regional economic development and prosperity. This step is a concrete demonstration of our sustainable growth vision."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Thailand expects more investment from Nippon Steel

Wednesday, December 25, 2024

US steel imports decline in november but show annual growth

Wednesday, December 25, 2024

Russia plans to build a refinery in Mali

Wednesday, December 25, 2024

Nippon Steel achieves 43% reduction in carbon emissions

Wednesday, December 25, 2024

Crude steel production in Arab countries continues to increase

Wednesday, December 25, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now