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A deal to sell Huron Valley Steel Corp. has been dropped. The Belleville-based metal recycler is regarded as the country's largest processor of nonferrous metals.
Huron Valley announced in March that it had signed a letter of intent to be acquired by Noranda Inc., a Toronto-based metals manufacturer and miner.
Neither side would discuss why the sale fell apart. Privately held Huron Valley Steel, which has annual sales...