RG Steel Completes Purchase From Severstal

BALTIMORE (AP) — RG Steel LLC says it has completed the stock purchase of plants from Severstal, making it the fourth-largest flat-rolled steel company in the United States.

RG Steel, an affiliate of the Renco Group, on Thursday completed the purchase of plants at Sparrows Point, Md.; Warren, Ohio, and Wheeling, W.Va.

RG Steel said preparations are under way to restart primary operations through the hot strip mill at Sparrows Point.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

Comments

One Comment

  1. PAUL E. MICELLI says:

    ANYBODY BORN IN AMERICA OWN RG STEEL LLC? JUST CHECKING.

  2. Somebody says:

    The renco group which creatred the RG steel LLC was formed and based in New york in 1975. So I would venture to say finally an American companies owns the plant again.

  3. Ron gratton says:

    RG Steel LLC

    TAKE CARE OF YOUR CUSTOMERS, TAKE CARE OF YOUR PEOPLE,

    AND THE MARKET WILL TAKE CARE OF YOU.

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