Evraz Claymont Steel Holdings, Inc is a steel mill located in Claymont, Delaware specializing in the manufacture of custom-order discrete steel plate out of scrapped steel. It was closed as of December 2013 The 425-acre (1.72 km2) plant houses an electric arc furnace mini-mill and employed approximately 500 people., with 375 losing their jobs at its closure. The Evraz Group acquired Claymont Steel from H.I.G. Capital in 2008 for US$564.8 million. Claymont Steel (formerly CitiSteel) had previously been owned by China International Trust & Investment Corp., which bought it out of bankruptcy in 1989 from the former Phoenix Steel Corporation.