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RG Steel Secures $15M Stalking Horse Bid For Ohio Plant

By Jamie Santo ( June 4, 2012, 9:46 PM EDT) -- Bankrupt steelmaker RG Steel LLC announced Monday that it had entered a stalking horse agreement to sell its idle plant in Steubenville, Ohio, and 112 acres of related land for $15 million to Herman Strauss Inc. and River Rail Development LLC....

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