Stelco emerges from bankruptcy protection after nearly 3 years

Sale to U.S.-based Bedrock Industries closes after company and union make trade-offs on pensions and benefits


After nearly three years, Stelco emerged from court-supervised bankruptcy protection on Friday as a sale to U.S.-based Bedrock Industries became final. In a press release, Bedrock chairman Alan Kestenbaum tied the "rebirth of Stelco" to the celebrations happening this weekend for Canada's 150th. -- More...
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