ArcelorMittal Long Products Canada acquires Legault Métal

ArcelorMittal Long Products Canada, which is based in Contrecœur, Quebec, has announced that it is acquiring the assets of Legault Métal Inc., a metals recycling company. Legault Métal has several facilities throughout Quebec, including facilities in Trécesson, Val d'Or, Rouyn-Noranda and La Sarre in Abitibi-Témiscamingue. These sites, which will now operate under the name Legault Métal, a division of ArcelorMittal, will continue to deliver its services to scrap dealers and individuals, ArcelorMittal reports in a news release announcing the acquisition. ArcelorMittal Long Products Canada is a part of ArcelorMittal, a leading integrated steel and mining company with a presence in more than 60 countries.

“We are pleased to welcome Legault Métal Inc., a long-standing supplier, to our organization and further reinforce our presence in the Quebec scrap recycling market,” says François Perras, chief executive officer for ArcelorMittal Long Products Canada. “As the largest recycler of scrap for local use in Quebec, we are further securing our supply of raw materials from this important region and strengthening our value chain. We are excited to extend our footprint to Abitibi and will work hard with the local team to earn the trust of our new host communities.”

ArcelorMittal plans to continue the tradition of excellence that Legault Métal has maintained since 1968 and ensure local opportunities are available for scrap metal collected mostly in the region but also elsewhere in Quebec, in Ontario and across Canada, the company reports in a news release. 

ArcelorMittal

“I could not find a better partner than ArcelorMittal to maintain the activities of the largest recycling company in Abitibi and ensure an outlet is available for scrap from our clients,” says Gerry Legault, outgoing owner of Legault Métal Inc. with his spouse Aurore. “This transaction is the best outcome for our employees, our suppliers and the community.”

Legault will support the ArcelorMittal Long Products Canada team to ensure a smooth transition of operations over the coming months, according to ArcelorMittal. The 100 people who currently work for Legault Métal remain employed by the company as of the transaction date.

Recycling is a strategic activity of ArcelorMittal Long Products Canada, which uses two main raw materials—iron ore from northern Quebec and scrap metal—to produce steel. The company currently owns a recycling and scrap processing center in Contrecoeur, Quebec. This facility processes about 800,000 metric tons of scrap per year used within the two ArcelorMittal steelworks to make new steel. 

In addition, ArcelorMittal has announced strategic investments of more than $120 million in its steelmaking facilities in Quebec over the last two years.