Stelco
Latest News
Stelco Adding Merchant Pig Iron to Product Portfolio
18 November 2019 - Stelco plans to install a pig iron caster at its Lake Erie Works next year, giving it entry to the merchant pig business, the Canadian steelmaker has said.
Stelco Cuts the Ribbon on CA$30 Million Batch Anneal Plant
17 September 2019 - Stelco on Monday marked the opening of its new CA$30 million batch anneal facility, a project that has expanded the range of cold-rolled products the Canadian steelmaker is able to offer.
Stelco Awarded CA$50 Million From Canadian Government to Upgrade Plants
19 August 2019 - The investment is part of a project to modernize Stelco’s Hamilton and Lake Erie Works. The upgrades will include a new recycling facility and will bring about the creation of 75 new jobs.
Stelco Appoints New Chief Executive
20 February 2019 - A 42-year-old Stelco executive has been promoted to the helm of the Canadian steelmaker and has taken on his new duties, the company announced Tuesday.
Metallurgical Engineer Joins Stelco Board
03 May 2018 - A leading Canadian metallurgical engineer and the former U.S. Treasury Secretary have joined Stelco Inc.’s board of directors.
Stelco Joins American Iron and Steel Institute
27 December 2017 - Canada’s Stelco has joined the American Iron and Steel Institute (AISI), a trade association representing integrated and electric arc furnace producers in North America.
Stelco Makes Stock Market Debut
03 November 2017 - Canada’s Stelco returned to the public markets on Friday and raised the equivalent of US$157 million through its initial public offering, according to the Bloomberg news service.
Report: Stelco Hopes to Raise CA$150 Million Through IPO
29 September 2017 - Three months after emerging from creditor protection, the new owner of Canada’s Stelco will look to take the company public.
Stelco Completes Sale and Exits Creditor Protection
03 July 2017 - U.S. investment firm Bedrock Industries has closed on its acquisition of Canada’s Stelco, officially bringing to an end a decade of United States Steel Corporation ownership and nearly three years of uncertainty under creditor protection.
Judge OKs Stelco Sale
09 June 2017 - A Canadian judge approved Stelco’s restructuring plan and sale to U.S. investment firm Bedrock Industries Group on Friday, a decision that will allow the steelmaker to emerge from creditor protection as a standalone business.
Stelco Takes Another Step Toward Completing Sale
31 May 2017 - Members of the United Steelworkers union are getting their first look at tentative labor agreements between their locals and the investment firm looking to buy Canada’s Stelco, reports The Hamilton Spectator newspaper.
Stelco Seeks Court Approval for Sale
08 May 2017 - Canada’s Stelco could emerge from creditor protection and officially come under new ownership next month, reports The Hamilton Spectator newspaper.
Stelco Sale Wins Support of Salaried Employees
20 April 2017 - A Canadian steelmaker said it now has handshake agreements with salaried employees and retirees on a proposed acquisition plan.
Ontario Court Receives Stelco Restructuring Plan
14 March 2017 - Stelco Inc. has submitted a reorganization plan that, if successful, would keep the business intact and preserve more than 2,100 jobs, it has announced.
Stelco Takes Another Step Toward Completing Restructuring
12 December 2016 - Canada’s Stelco Inc. said it will move ahead with plans to be sold to New York investment firm Bedrock Industries and will seek court approval for the deal.
U.S. Steel Canada No More. It's Stelco Now.
02 December 2016 - In a move to reassert itself as a Canadian steelmaker that’s now independent of its Pittsburgh-based parent, U.S. Steel Canada is bringing back the Stelco name.
U. S. Steel Keeps Electric Furnace Plans on the Burner, Hopes to Soon Finalize Stelco Sale
02 November 2016 - An electric arc furnace remains in the cards for United States Steel Corp. -- it’s only a matter of finding the right time and place to make the investment, the company’s chief executive said Wednesday.
U. S. Steel Keeps Electric Furnace Plans on the Burner, Hopes to Soon Finalize Stelco Sale
02 November 2016 - An electric arc furnace remains in the cards for United States Steel Corp. -- it’s only a matter of finding the right time and place to make the investment, the company’s chief executive said Wednesday.
U. S. Steel Records Q3 Profit, Reaches Agreeement on Stelco Sale
01 November 2016 - United States Steel Corp. posted a third-quarter profit of US$51 million and has agreed to sell the former Stelco to a private investment firm, the company announced on Tuesday.
United Steelworkers, Others Pressing Canadian Federal Government to Support Steel Industry
22 August 2016 - Calls are mounting for the Canadian federal government to step off the sidelines and take action in support of Canada’s steel industry and its employees, both retired and active, reports The Hamilton Spectator newspaper.
