Week in review: An eerie calm, trade protectionism and more

Last week, RMU’s Gabriella Vagnini noted the eerie calm in the recycled metals market. Where are the deals that are usually made this time of year? And what does the forecast look like for Q4. Here’s a look at that story and more as you start off your week.

Gerdau S.A. plans to acquire Dale’s Recycling Partnership, a Tennessee-based operator and processor of ferrous scrap. Sao Paulo, Brazil-based longs producer Gerdau said its U.S. subsidiary has signed an agreement to purchase the land, inventory, and fixed assets of Dale’s operations for $60 million. Those assets could help Gerdau prepare itself for the industry’s next big contribution to global sustainability efforts in the automotive industry.