The fate of the Sparrows Point steel mill again hangs in the balance.
The Hilco website, which features several photos of the site, lists the sale as a "rare opportunity to purchase and operate a steel mill."
Hilco has announced the following schedule for buyers:
- Deadline for Initial Indication of Interest: November 12, 2012
- Bid Deadline: December 21, 2012
- Auction Date (if necessary): January 3, 2013
- Closing Date: No later than January 11, 2013
RG Steel sold the mill to the liquidators in August for $72 million, after no steel producers showed up at the auction in New York.
More than 2,000 workers lost their jobs after RG Steel filed for bankruptcy in May. The company had purchased the former Bethlehem Steel from the Russian company Severstal North America in 2011, the Associated Press reported.
Steel workers and union heads have said they hope the sale will bring the return of a steel manufacturer, according to the report.