PHOENIX STEEL RECEIVES OFFER FOR CLAYMONT MILL

  &lt;Phoenix Steel Corp> said a group
  of investors offered to buy its Clayton steel plate mill for
  eight mln dlrs and the assumption of a bond obligation.
     Phoenix did not disclose the indentity of the investors.
      Phoenix was forced to close the Clayton mill last month.
      The company said the offer represents a major step in
  restructuring the company.
  

