Formed out of the takeover by Onesteel in August 2007 of the Smorgon
Steel group and in particular Smorgon Steel’s Recycling division
(itself formerly known as ‘Metalcorp Recyclers’), the business now
trades as Onesteel Recycling, employing over 700 people.
Onesteel Recycling operates primarily across Australia operating
5 large metal shredders in 5 States. In all however, it has some 50
locations spread throughout Australia, New Zealand, United States,
Hong Kong, Thailand, Philippines, Malaysia, China and India and is
Australia's largest and fastest growing metal recycling company. In
the 2006 financial year the Company handled around 1,900,000 tonnes
of scrap metal. The Company has assembled a dynamic and aggressive
management team with years of experience in the recycling industry.
Onesteel Recycling is committed to supplying processed quality
ferrous and non ferrous recycled metal to Australian steel mills,
the foundry industry, domestic copper, brass, lead and aluminium
industries and is a significant exporter of ferrous and non ferrous
recycled raw materials to the Asian countries. Onesteel Recycling’s
first overseas metal shredder (in Florida, USA) is due to commence
operations in early 2008.