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Steel Industry Federal Aid

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March 10, 1988 | CINDY SKRZYCKI, The Washington Post
FOR SALE by government, the most modern steel-rail mill in the country. Like new. Capable of turning out 360,000 tons of rail. Not far from Pittsburgh. With a slick marketing campaign, the U.S. government is attempting to recover a portion of the $100 million it lent Wheeling-Pittsburgh Corp. in 1979 to build a steel-rail mill in Monessen, Pa. But it appears that the investment may be as shabby as many of the abandoned mills that litter America's industrial landscape.
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BUSINESS
March 10, 1988 | CINDY SKRZYCKI, The Washington Post
FOR SALE by government, the most modern steel-rail mill in the country. Like new. Capable of turning out 360,000 tons of rail. Not far from Pittsburgh. With a slick marketing campaign, the U.S. government is attempting to recover a portion of the $100 million it lent Wheeling-Pittsburgh Corp. in 1979 to build a steel-rail mill in Monessen, Pa. But it appears that the investment may be as shabby as many of the abandoned mills that litter America's industrial landscape.
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