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Steelmaker Stelco Inc. Continues to Streamline

Steelmaker Stelco Inc. Continues to Streamline

Wednesday, August 4, 2004
 
Canadian steelmaker Stelco Inc., operating under court protection from bankruptcy, plans to close or sell eight facilities in Ontario and Quebec, Canada, and concentrate on making the types of products it deems as value-added for clients: hot- and cold-rolled steel sheet, as well as steel bar, primarily for the automotive and construction markets. It will phase out production of steel rod, wire and pipe.

 

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