A glimmer of hope for workers at Hamilton Specialty Bar.
In an email to CHML News, United Steelworkers Local 4752 president Mickey Mercanti says a judge has given the union until March 26 to find a buyer for the Sherman Avenue North plant.
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Mercanti says negotiations with the prospective buyer, New York-based Kal Advisory Partners LLC, are ongoing.
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He adds the union is “confident” the buyer will be able to submit a bid for the steel company.
Hamilton Specialty Bar, which has about 200 employees and 400 retirees, went into receivership in January.
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