Stelco
Latest News
Steelworkers Express Concern over Stelco’s Strategic Review
05 June 2007 - Stelco’s announcement that it is engaged in strategic review is cause for concern, according to Ken Neumann, United Steelworkers' National Director.
Stelco Confirms Strategic Review
04 June 2007 - Stelco confirmed that it is reviewing strategic options, including third-party discussions that are at “a very preliminary stage”.
Stelco Completes Refinancing of US$270 Million Term Loan
10 May 2007 - Stelco has completed a US$270 million funded term loan refinancing with GE Corporate Lending Canada that refinances the comapny's Cdn$375 million revolving term loan with a more traditional facility that has significantly lower interest rates and fees.
Stelco Reports Improved Results for 1st Quarter
01 May 2007 - Stelco reported EBITDA of $13 million and a $35-million loss before income tax of for the first quarter ended March 31, 2007, a substantial improvement over the negative $82-million EBITDA and $145-million loss before income tax reported in the fourth quarter 2006.
Stelco Proposes Term Loan Refinancing
10 April 2007 -
Stelco to Transfer of Strip Processing to Upgraded Lake Erie Mill
06 April 2007 - Stelco Inc. announced it will transfer all hot strip processing to its Lake Erie mill following that facility's recent capacity expansion.
Stelco Upgrades Revolving Credit Facility
26 March 2007 -
Stelco Appoints New Director
09 March 2007 -
Stelco Appoints New Director
09 March 2007 -
Stelco Reports Results for 2006
08 March 2007 -
Arcelor Mittal Reports Pro Forma 2006 Results
23 February 2007 - Feb. 23, 2007 — Mittal Steel Co. NV announced pro forma net income of $US 2.37 billion on sales of $US 23.2 billion for the fourth quarter, and pro forma net income of $US 7.97 billion on sales of $US 88.6 billion for the twelve months ended December 31, 2006.
Stelco Completes Operational Improvement Program
08 February 2007 - Stelco Inc. has completed the major components of the operational restructuring that it commenced upon exiting from the CCAA process.
Stelco’s Lake Erie Steel Achieves ISO/TS16949 Certification
15 December 2006 -
Stelco’s Lake Erie Steel Achieves ISO/TS16949 Certification
15 December 2006 -
Stelco Reports 3rd Quarter Results
10 November 2006 -
U.S. Steel Reports 3rd Quarter Results
01 November 2006 -
Stelco Schedules Blast Furnace, Strip Mill Maintenance Outages
29 September 2006 -
Steelworkers in Talks with Stelco’s Salaried Workforce
14 September 2006 -
Stelco to Sell Surplus Land to Hamilton Port Authority
30 August 2006 -
Stelco to Sell Surplus Land to Hamilton Port Authority
30 August 2006 -
