17
Aug
18:55
Monitor recommends USSC hold back benefit payments
US Steel Canada (USSC) is not yet in sturdy enough financial shape to reinstate benefits for its former employees, though it should be clear to seek funding to retain key employees, Kallanish reports.
The company is protected from creditor claims – including a $2 billion claim from former parent company US Steel – until November 30.
The United Steelworkers labour union, however, is seeking to lift part of that protection order to secure retiree pe…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous