Global Metals Network News Today

LONDON : London-based Marex, one of the world's largest privately owned commodities brokers, said on Monday that it had acquired Hong Kong-based recycled metals trading firm Global Metals Network (GMN) to expand business in the sustainability-focused sector.Marex did not disclose the price of the deal.

A proposed decision by the European Union on the future of the bloc’s scrap metal export trade, which is worth billions of euros per year, could come as early as December this year, the Bureau of International Recycling (BIR) conference in Brussels heard on Tuesday October 26.