Reports out of Hamilton have Essar Steel very interested in acquiring the U-S Steel assets in Hamilton and Nanticoke … with bids to have been submitted by July 24th.   The company, formerly known as Stelco, has been in creditor protection since last fall.  In June, the court-appointed monitor of the restructuring process said 102 companies were offered the chance to buy the distressed mills and 39 submitted expressions of interest.   The Hamilton waterfront property is seen as the jewel in the assets and Essar is believed to have been the only bidder interested in taking over everything with a bid of $400 million suggested.

—