Sun coverage: Sparrows Point sale

Esmark calls Point suit 'frivolous'

Esmark Inc. said yesterday that it will "vigorously defend" against what it calls a "frivolous" lawsuit filed against the steel company by ArcelorMittal for failing to complete a $1.35 billion purchase of the Sparrows Point steel mill in Baltimore County.

Sparrows Point has a new owner

Russian steelmaker OAO Severstal completed yesterday its $810 million acquisition of the Sparrows Point steel mill from ArcelorMittal with plans to invest significantly in the Baltimore County plant and rev up production.

Sparrows Point buyer plans rapid boost in steel output

Russian steelmaker OAO Severstal said yesterday that its acquisition of the Sparrows Point complex could close as early as mid-May and that it plans to rapidly ramp up production at the Baltimore County steel plant.

Jay Hancock: Point's future is up to Annapolis

The global economy has done its part: Russia's OAO Severstal has agreed to buy the Sparrows Point steel mill and invest in badly needed upgrades.

Russian firm buys the Point

Russian steelmaker OAO Severstal announced yesterday that it is buying the steel plant at Sparrows Point and says it plans to run the mill at full capacity and invest up to half a billion dollars during the next five years to improve productivity.

Sale trustee set to visit Sparrows Point today

The court-appointed trustee overseeing the sale of Sparrows Point will make his first visit to the plant today as he works to find a new buyer for the Baltimore County steel mill.

Sparrows Point called lifesaver for ailing mill

Each day, rail cars carrying steel slabs minted some 300 miles east at Baltimore County's Sparrows Point mill arrive at Esmark Inc.'s Wheeling-Pittsburgh plant here.

Point deal target missed

A deadline to complete the sale of Sparrows Point came and went this week, further dragging out a resolution of the Baltimore County steel plant's fate.

Union questions sale of Sparrows Point

The local that represents workers at Sparrows Point is questioning the sale of the plant to an investment group led by Chicago-based Esmark Inc.

Md. officials looking into grit from sky

Deborah Cicone won't let her young nieces and nephews swim in the backyard pool, fearing they will swallow the shiny grit that sporadically rains on eastern Baltimore County neighborhoods.

Sparrows Point wins OK

A multinational joint venture that has pledged to reverse years of downsizing at the Sparrows Point steel mill said yesterday that it has won Justice Department approval to buy the Baltimore County plant for $1.35 billion.

Buyer of Sparrows Point planning major expansion

The prospective owner of Sparrows Point steel mill told workers yesterday that he plans to run the Baltimore County plant at full capacity and invest in new facilities, which could lead to more jobs and construction on the 3,000-acre site.

The legacy of Sparrows Point

For the better part of three decades, as Richard Offley grew from a boy to a man on the peninsula between the Patapsco and Back rivers, the Sparrows Point steel mill was at the center of community life.

Point buyers vow era of stability

The multinational joint venture taking over the Sparrows Point steel mill is a mixture of big steel buyers, distributors and iron ore suppliers who pledge to boost slab production at the plant and give it the kind of stability its three past owners failed to deliver in the face of withering global competition.

Plant's workers express relief, skepticism on new ownership

Official word began trickling in by e-mail, fax and cell phone before dawn yesterday to workers on the early shift.

2 Bouchard brothers decided they'd build a 'family steel company'

As a fifth-grader, James P. Bouchard went on a tour of the Inland Steel mill with his father, an executive at the Chicago plant, and from then on knew what he wanted to do with his life.

U.S. OKs extension on sale of Point

Mittal Steel Co. NV has been granted another month to sell the Sparrows Point steel mill, the Justice Department disclosed yesterday.

U.S. orders sale of Sparrows Point

For the third time in as many years, Sparrows Point is up for sale. And this time it's a rush job.

Jay Hancock: Being free of Mittal is a good thing for the Point

Getting sold by Mittal Steel might be the best thing to happen to Sparrows Point in a long, long time.

Sparrows Point sale

For the workers, caution with a dose of optimism

The Sparrows Point steel plant has had so many owners come and go during the past few years that workers joke about seeing a Wal-Mart sign appearing next.

Community, officials look to life after steel mill sale

It's been years since the owners of Dundalk's Costas Inn had to do little more than cash paychecks and ladle out the beef and gravy to attract the crowds.

Order raises questions for Md. steel mill

The Justice Department's order that Mittal Steel Co. NV sell its Sparrows Point mill in Baltimore County raises questions about the future for the plant and its workers. Here's a look at some of the issues:

Sparrows Point milestones