This milestone strengthens the steelmaking company’s commitment to sustainability in the supply chain
Sidenor has announced the recent acquisition of Miguel Martín, a scrap company located in Fuenlabrada, Madrid. This transaction is part of the growth strategy of the Basque steel company, which seeks to strengthen its position in the scrap sector and ensure the raw material supply chain for steel production.
This achievement strengthens Sidenor’s commitment to sustainability in the supply chain, ensuring the continuous provision of quality industrial scrap. Likewise, the purchase of the scrap company contributes to ensuring the availability of raw materials that are necessary for steel production.
This purchase is a further step in a series of strategic growth operations carried out by the steel company in the recent years, such as the acquisition of Aguilar Metal Recycling (AMR), a company specialized in industrial scrap, in 2022, or of eight solar parks in Catalonia in order to foster renewable energy in 2023.
About Miguel Martín
The company specialized in industrial scrap management, located in Fuenlabrada, Madrid, includes facilities of 2,600 square meters.