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Cliffs Comments on Strike at Wabush Mines

12 July 2004 - Cleveland-Cliffs Inc. expressed its disappointed that the United Steelworkers of America have called a strike at Wabush Mines in Canada.

Stelco to Relocate Corporate Offices

30 June 2004 - Stelco Inc. announced that it will relocate its corporate offices from 100 King Street West in Hamilton to the company's Hamilton plant. The move is expected to produce annual savings of $4.5 million beginning in 2005.

Stelco and Union Locals Agree on Process for Talks

24 June 2004 - Stelco Inc. has reached an agreement with its USWA Locals establishing a framework for discussions on restructuring and other matters between now and September 30, 2004.

Stelco Provides Restructuring Update

14 June 2004 - Ernst & Young Inc. has released the Fifth Report of the Monitor on Stelco Inc.'s Court-supervised restructuring under the Companies' Creditors Arrangement Act (CCAA). The report highlights several recent developments, including the lack of progress in stakeholder discussions, and recent court motions by General Motors and Stelco.

Stelco Comments on Legal Action Taken by General Motors

11 June 2004 - Stelco Inc. commented on action taken on Thursday by General Motors Corp. regarding its supply arrangements with Stelco's Lake Erie facility. Stelco has received a letter from General Motors and has been served with Motion materials seeking the Court's permission to terminate General Motors' supply arrangements with Stelco's Lake Erie facility effective July 31, 2004.