A glimmer of hope for the future of the former Stelco plant in Hamilton.
The Spec reporting a steel maker based in India is interested in purchasing U-S Steel's Canadian operations in Hamilton and Nanticoke.
Sources tell the paper Essar Steel Holdings, wants to buy the bankrupt company and bring the Hamilton plant back into production.
Essar bought the bankrupt Algoma Steel in Sault Ste. Marie in 2007 and since then has pumped hundreds of millions into the plant.