20
Jul
01:00
US Steel Canada seeks new lender with union support
US Steel Canada is seeking to replace its American parent company as the debtor-in-possession lender as the Canadian operations restructure under creditor protection.
The United Steelworkers (USW) union supports the motion filed by US Steel Canada in Ontario Superior Court. “We have previously made our concerns known to the court-appointed monitor that US Steel has had too much control over the restructuring process and potential sale of its Canadian o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous