News/Media

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Liberty Iron & Metal, Inc. Mourns the Passing of Barry Rider

Wednesday Oct 31st, 2018

Erie, PA – October 31, 2018 – It is with great sadness that we inform you of the passing of Barry Rider. Barry passed away October 1, 2018. He had been a valued member of our team for more than 40 years and will be missed dearly. Barry held several positions within Liberty Iron & Metal over the years, including his most recent role as the General Manager and Vice-President of Non-Ferrous Sales and Purchasing.

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Commitment to customer and environmental care – Liberty Iron & Metal helps to preserve the planet while playing a pivotal role in the recycling cycle

Friday Oct 5th, 2018

The United States processes enough steel and iron scrap to build 25 Eiffel Towers every day. Every year, we recycle enough copper to build the Statue of Liberty 25,000 times. The way Liberty Iron & Metal looks at it, that’s a sterling way to reduce our carbon footprint.

Liberty Iron & Metal Announces Merger Of Affiliate Companies

Sunday Sep 30th, 2018

Phoenix, AZ. – September 30, 2018 – Liberty Iron & Metal, Inc. (Liberty) announces that as of October 1, 2018, it’s core entities around the US – Liberty Iron & Metal Southwest LLC, Liberty Iron & Metal Erie LLC, Premier Metals Group LLC, Mercer Company LLC, Interstate Shredding LLC and Liberty International Trading, Inc. – will be merging under one name. – Liberty Iron & Metal, Inc. All operations will continue to run normally with existing management in place.

Liberty Iron Named Finalist for Scrap Company of the Year and Environmental Responsibility/Stewardship Categories

Wednesday Apr 4th, 2018

Liberty Iron & Metal, Inc. (Liberty) today announced that it has been named a finalist by American Metal Market’s Award for Steel Excellence in the categories of Scrap Company of the Year and Environmental Responsibility/Stewardship.

Liberty Iron & Metal Inc. Announces Acquisition of BNC Recycling Inc.

Thursday Mar 29th, 2018

Liberty Iron & Metal Inc. (Liberty) announces today that it has completed the acquisition of substantially all assets of BNC Recycling Inc. (BNC). The terms of the transaction were not disclosed.

Liberty Iron & Metal Announces Mike Diamond as New CEO

Friday Sep 29th, 2017

Liberty Iron & Metal Holdings, Inc. (Liberty) today announced Mike Diamond as its new chief executive officer. Mr. Diamond will replace Mike Greulich, current CEO of Liberty, effective October 1, 2017.

Liberty Secures $50 Million in New Financing Agreement with Key Bank

Thursday Jul 27th, 2017

Liberty Iron & Metal Holdings (Liberty) successfully closed on a new $50 million financing agreement with its long-term banking partner KeyBank and its affiliates.

Liberty Iron Anticipates Strong 2017 after Completing Recapitalization

Monday Jan 9th, 2017

Liberty Iron & Metal Holdings (Liberty) continues to fortify its position as one of the leaders in the scrap metal market after completing its recapitalization efforts.

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Scholz now fully owned by Chiho Tiande Group

Friday Dec 16th, 2016

Chiho Tiande Group has completed the take-over of ailing German ferrous scrap recycler Scholz. The company is now a fully-owned subsidiary of the Chinese non-ferrous metals recycling firm. At an extraordinary general meeting on 15 December, 100 per cent of the Chinese group’s shareholders present approved the proposed acquisition. This was the final step among several closing conditions, Chiho Tiande Group (GTG) reported on the following day. CTG paid a symbolic price of one Euro for Scholz, but invested about €350m in the preceding months to help out the ailing recycling company by taking over debt and other transactions.

Liberty Iron & Metal Enhances its Access to the Asian Markets via a Strategic Alliance with CTG

Thursday Dec 15th, 2016

Liberty Iron & Metal Holdings LLC (“Liberty”) today announces the completion of the acquisition of its parent company Scholz Group by its strategic lender Chiho Renewable Development Ltd. 

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Sharon, PA 16146   
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