Bankrupt LTV Corp. agreed to sell its steel assets to distressed-properties investor WL Ross & Co. for $325 million, clearing the way for a reopening of currently idled LTV steel mills in Ohio and ...
Seventy thousand retired and laid-off steelworkers and miners from LTV Corporation will not receive health-care or other benefits under terms of the sale of the bankrupt steelmaker. Pensions will also ...
THE great blast furnaces have fallen silent at the Cleveland works. Men in hard hats hammer boards to building windows. Truckloads of coke lie abandoned on the banks of the Cuyahoga river, soaking up ...