12
Dec
16:11
Stelco seeks path to bankruptcy exit
The newly reformed Stelco is seeking an acquisition and plan sponsor agreement (PSA) with the major creditors of former incarnation US Steel Canada to pull the company out of bankruptcy protection, Kallanish understands.
Investment firm Bedrock Industries Group, the province of Ontario, former parent company US Steel and the United Steelworkers labour union have all reached separate, non-binding agreements with the new entity Stelco. The goal is to combine these…
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Anonymous
Very good overview of the weekly steel market.
Anonymous