Marex strengthens scrap market share with purchase of Hong Kong’s GMN

Commodity broker Marex has bolstered its position in the recycled metals markets with the purchase of Global Metals Network (GMN), Fastmarkets heard on Monday July 3.

GMN is an international metal trading network connecting consumers and suppliers focused on the non-ferrous scrap markets in Asia. It went into business in January 2019 with financial backing from...