Steel Mills

Nucor Subsidiary Buys Cincinnati Scrap Assets
Written by Ethan Bernard
October 16, 2023
River Metals Recycling (RMR), a subsidiary of Nucor, has acquired all the Cincinnati-based assets of Garden Street Iron & Metal.
This includes one feeder and one shredder yard of the recycler, Charlotte, N.C.-based Nucor said on Monday. It brings RMR’s total number of recycling facilities to 19. The feeder yard is located in Harrison, Ohio, a Nucor spokesperson told SMU.
The steelmaker noted that in December 2021, another Nucor scrap recycling affiliate, Trademark Metals, bought Garden Street’s recycling facilities in Fort Myers, Fla.
“We are excited to welcome the Garden Street teammates to the RMR/Nucor family,” Bob Eviston, VP and GM of RMR, said in a statement.
“This key strategic acquisition will allow us to increase our supply of sustainable raw materials for our growing steelmaking capacity in the region,” he added.
Nucor said the 43 employees of Garden Street have been offered positions with RMR. Also, the facility will be rebranded under the RMR name.
Fort Mitchell, Ky.-based RMR bills itself as the “largest scrap recycler in Kentucky and the Greater Cincinnati area,” according to the statement. RMR operates locations in Indiana, Kentucky, Ohio, and West Virginia.
It is a wholly owned subsidiary of Cincinnati-based Nucor subsidiary The David J. Joseph Company (DJJ).

Ethan Bernard
Read more from Ethan BernardLatest in Steel Mills

Op-Ed: Ternium CEO Máximo Vedoya wants a fair future forged in steel
After recently receiving an industry honor on behalf of Ternium, I had the opportunity to reflect and share my vision on the state and future of our industry.

Nippon eyeing new $4B U.S. Steel mill to sweeten deal: Report
Nippon Steel could build a new domestic U.S. Steel mill with a total investment of $4 billion.

Nucor cuts CSP by $20/ton, third straight drop
Nucor has lowered its consumer spot price by $20 per short ton, marking the third consecutive weekly decrease.

Nucor reports IT systems breach
Nucor said it temporarily and proactively halted some production operations at various locations.

Cliffs talks DOE funding, blast furnace relining schedule
The future of two projects supported in part by funding through the Department of Energy remains uncertain.