Evraz Claymont Steel
Evraz Claymont Steel Holdings, Inc is a steel mill located in Claymont, Delaware specializing in the manufacture of custom-order discrete steel plate out of scrapped steel. It was closed as of December 2013
The 425-acre (1.72 km2) plant houses an electric arc furnace mini-mill and employed approximately 500 people., with 375 losing their jobs at its closure. The Evraz Group acquired Claymont Steel from H.I.G. Capital in 2008 for US$564.8 million. Claymont Steel (formerly CitiSteel) had previously been owned by China International Trust & Investment Corp., which bought it out of bankruptcy in 1989 from the former Phoenix Steel Corporation.
- "Evraz Claymont Steel shutting down". Delaware Online. Gannett. 14 October 2013. Retrieved 23 January 2014.
- Products & Facilities - Evraz Claymont Steel
- Community ECS Employees - Evraz Claymont Steel
- Sandle, Paul (2007-12-10). "Evraz Group agrees to buy Claymont Steel for about 564.8 mln usd cash". AFX News Limited (Thomson Financial News).
- Lowe, Benjamin Y. (2006-08-09). "IPO to pay hedge fund's dividend debt: The $115 million proceeds expected for Claymont Steel, Del., is just half what investors paid themselves.". The Philadelphia Inquirer.
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