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Indian Firm Looking at RG Steel Plant in Mingo Junction
03/18/2013 - Steelmakers from India are interested in restarting at least part of the silent RG Steel facility in Mingo Junction, which contains the US$115 million electric arc furnace, according to the plant's current owner, the Weirton Daily Times reports.
Steelmakers from India are interested in restarting at least part of the silent RG Steel facility in Mingo Junction, which contains the US$115 million electric arc furnace, according to the plant's current owner, the Weirton Daily Times reports.
Craig Slater, general counsel and vice president of Frontier Industrial, owner of the Mingo site, said several potential operators have looked at the plant, including some from India. Some India-based steel companies are Essar Steel, Jindal Steel and Tata Steel.
Local sources with ties to the steel industry have indicated Jindal Steel is very interested in the Mingo mill and that company representatives have made a number of trips to the area. A message left at Jindal's offices in India was not immediately returned…
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