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RG Steel to sell Ohio tracts for $190,000

Keywords: Tags  RG Steel, Delaware Bankruptcy Court, bankruptcy, Fex Group, Fed Real Estate Holdings, Chris Prentice

NEW YORK — Bankrupt steelmaker RG Steel LLC has agreed to sell tracts of land at its Steubenville, Ohio, property to a local real estate company for $190,000, according to court documents.

Sparrows Point, Md.-based RG Steel has requested approval from the U.S. Bankruptcy Court in Delaware to sell the land to Fex Real Estate Holdings LLC, which is registered in Ohio.

Fex Real Estate and a related company, Moon Township, Pa.-based Fex Group LLC, couldn’t be reached for comment.

Counsel for RG Steel also didn’t respond to requests for comment.

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