Armco
Metals Holdings was pleased to see its subsidiary, Armco (Lianyungang)
Renewable Metals, Inc., on a list of 131 companies published by China’s
Ministry of Industry & IT as a company that is eligible to enter China’s
scrap steel processing industry. Following the company’s recent announcement of
this news, one may be interested in taking a look into how its involvement here
is driving growth.
Armco
Metals Holdings, Inc. is dedicated to providing efficient options for steel
production. They know that the companies that choose to use recycled scrap in
their steel production realize several benefits as a result. Most notable is
that a company winds up using up to 60% less energy and reducing air and water
pollution by 86% and 76%, respectively. This reduction in energy results in
significant savings for steel producers annually. To address customer demand
for responsible material choices and staying in sync with Chinese Government
Green initiatives, Armco has created its own recycling facility, capable of
producing environmentally friendly, cost-effective solutions for the country’s
steel production needs.
Since
early 2007, Armco (Lianyungang) Renewable Metals, Inc. has become Armco Metals’
primary asset by being focused on recycling and processing scrap steel or use
in China’s steel production industry. Operating on 32 acres in the Banqiao
Industrial Park in Jiangsu province, this facility has one of the most advanced
recycling systems in the world. The advanced system automatically shreds,
sorts, and separates the recycled scrap steel processing the highest-quality
material for its customer base.
Armco Renewable
Metals can process up to one million metric tons of scrap metal each year. In
addition, the company is in an early research and development phase for Armet
(Lianyungang) Holdings, Inc., a subsidiary of Armco Metals focusing on
automotive scrap steel recycling. Taking full advantage of the opportunity,
Armco Metals sees the automotive industry as being one of the largest sources
of scrap steel and further recognizes the potential this market has for meeting
China’s steel production needs.
For more
information on the company, visit www.armcometals.com
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