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Sparrows Point Steel Mill Changes Ownership

December 1, 2012
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CommentsThe former RG Steel Mill at Sparrows Point, MD, idle since May 2012, has been acquired by joint-venture partners Hilco Trading and Environmental Liability Transfer. The partners are “evaluating all of our options for the property,” says a spokesperson, including operating the mill in its entirety or partially, or removing and reselling the equipment and redeveloping the site. The mill, the only fully integrated mill on the east coast of the United States capable of producing flat-rolled steel, houses North America’s second largest blast furnace.
Industry-Related Terms: Transfer
View Glossary of Metalforming Terms

Technologies: Management

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