Armco Metals for a
decade has worked to build a reputation of providing sustainable, efficient
options for steel production and to become the largest scrap steel recycler in
China. To reach this goal, Armco operates five subsidiaries: Armco Metals
International; Armco (Lianyungang) Renewable Metals; Armet (Lianyungang)
Holdings; Henan Armco & Metawise Trading Co.; and Armco Metals (Shanghai)
Holding.
Aligned with the
Chinese government’s green initiatives and goal to use 20% recycled scrap metal
by 2015, Armco Metals has created its own state-of-the-art recycling facility
capable of processing 1 million metric tons of scrap metal each year. Armco
(Lianyungang) Renewable Metals operates the recycling and processing facility,
which is equipped with the Texas Shredder Lindeman System, one of the most
advanced recycling systems in the world. The system automatically shreds,
sorts, and separates the recycled scrap steel to process highest-quality
material.
Armco is also
conducting research and development for Armet (Lianyungang) Holdings, which
will focus solely on recycling automotive scrap steel recycling, taking
advantage of the automotive industry’s position as one of the largest sources
of scrap steel in the world.
In the last 10
years, Armco has established long-standing relationships with more than 10
international metal suppliers, more than 100 small-sized and medium-sized
Chinese steel production companies, and some of the country’s large state-run
foundries, all of which recognize the numerous benefits of using recycled scrap
in their steel production. Utilizing recycled scrap, these entities use up to
60% less energy, and reduce air and water pollution by 86% and 76%,
respectively.
The energy reduction
translates to significant annual savings for steel producers, is complementary
to the Chinese Governments environmental initiatives, and provides Armco with
tremendous opportunity in a rapidly growing global industry.
For more
information, visit www.armcometals.com
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