USX Will not Sell Steel Mill to Iraq
USX Corporation will not sell its mothballed steel mill in Baytown, Texas, toIraq because a letter of intent has expired without a contract for a finalsale. "At this time there are no commitments for the sale to Iraq or anyparty," the company said in a statement on 22 September. USX Chairman DavidM. Roderick said he agreed to a request by Congressman Jack Brooks of Texas,whose district includes the plant, not to contract...