Sharon Steel Corporation
| Company Deal | 225,000 shares of common stock |
|---|---|
| Transaction Type | Common Stock |
| Deal Description | Sharon Steel Corporation added the net proceeds from this transaction to its general funds, to be available for general corporate purposes. The company expected that such proceeds would be reflected primarily in its working capital. If the company decided to install additional steel-melting facilities, it expected that its general funds would be sufficient for such purpose. |