Aluminum company says it will permanently close two potlines at its Baie-Comeau smelter in Quebec.
When operational the facility will have the capacity to process about 120,000 tons of finished steel per year.
Scrap metal firm now operates 10 metal recycling plants in Michigan.
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Collection program is expected to sharply reduce installers' waste charges.
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Ohio-based buyer is likely to dismantle the mill.
Company also says it now has 70 employees at its Waterloo, Ind., facility.