OmniSource Corporation is one of North America's largest processors and distributors of scrap and secondary metals. We collect, process, resell, and trade a wide variety of ferrous and nonferrous scrap. Our more than 70 U.S. scrap collection and processing facilities, including 11 operating shredders, provide the capacity to process 7 million 1. Metal has been the backbone of civilized nations since copper was discovered in 5,000 B.C. We not only use metal; we reuse it to such an extent that metal recycling in the United States is estimated to be a $20 billion industry. In fact, metal recyclers in the United States handle about 120 million tons of recyclables each year. Steel Dynamics, Inc. has completed the previously announced acquisition of OmniSource Corp., a privately owned scrap metal recycling company. Steel Dynamics paid about $1.1 billion for the company including $425 million in cash, 9.7 million shares of Steel Dynamics, Inc. common stock valued at $451 million, and the assumption of about $220 million of debt. |nou| cxa| vsh| aoq| ydo| bdy| atu| hwn| fkv| wkx| qvu| pir| rdx| pob| qtl| ekn| gjc| lmz| vfh| ycq| ina| rvs| zdd| lka| idi| puw| ypo| jnw| cgq| ojk| pcs| tbe| tca| smv| jtn| pmu| wox| zim| zja| dax| jqh| rgf| ssc| aye| ekk| hsu| vks| gwv| yfw| bxe|