Chaparral hangs out the for sale sign.(SCRAP INDUSTRY NEWS) From: Recycling Today | Date: June 1, 2007 | COPYRIGHT 2007 G.I.E. Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Chaparral Steel Co., based in Midlothian, Texas, has announced that its board of directors has retained the investment house of Goldman, Sachs & Co. and has begun a review of possible strategic alternatives.

Through this process, the company will be able to assess a number of other possibilities, including a possible strategic partnership, merger, acquisitions or a recapitalization.

Despite the move, Chaparral says there is ...