The former Slater Steel Inc. of Mississauga, Ontario, Canada, is selling its Welland, Ontario, electric arc furnace mill to a group of investors based in the U.S.
According to a Canadian Press report, the group of U.S.-based investors purchased the Atlas Specialty Steels Welland mill under the name Centre Steel Holdings Ltd.
Executives selling off assets of the now defunct Slater Steel Inc. have already sold a Hamilton, Ontario, mill to a group of New York-based investors and a Lemont, Ill., mill to another group of investors. Slater’s former Sorel Forge division has also been sold to a holding company.
Other Atlas Specialty Steels facilities in Canada and in Fort Wayne, Ind., remain up for sale.Latest from Recycling Today
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