Charter Steel Trading may be involved in buy

Nov 12, 2012 | 05:15 AM | Michael Cowden

Tags  steel tubing, Charter Steel Trading, Gary Birnbaum, Innisbrook Equity Group, Jacques Hopkins, E&H Tubing, Indiana Steel & Tube, SNR Denton Taft Stettinius & Hollister

CHICAGO — Charter Steel Trading Co. Inc. appears to be involved in the pending acquisition of bankrupt Indiana Steel & Tube Inc., according to sources familiar with the matter as well as bankruptcy court documents and other records.

According to Innisbrook Equity Group managing principal Jacques Hopkins, whose firm served as the broker in the auction, Chicago-based Charter Steel Trading created the company E&H Tubing Inc. to bid on Brownstown, Ind.-based Indiana Steel & Tube.....

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