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Tag: steel canada
Trump delays aluminum and steel tariffs for Canada, Mexico and EU
2018-05-04 11:00:00| National Hog Farmer
Legislative Watch: Tariffs delayed for Canada, Mexico, EU; House urged to leave crop insurance alone; biotech labeling proposed; trade impact on ag stressed; Barbic confirmed.
Potential buyer wants U.S. Steel Canada to settle debts
2016-04-13 18:13:29| Steel - Topix.net
The issues of environmental liabilities and pension deficits of U.S. Steel Canada Inc. must be settled during the current bankruptcy protection process, says one of the potential buyers of the steel maker. Those are key issues that were kicked down the road during the trip that Stelco Inc. made through creditor protection in the 2000s before United States Steel Corp. bought Stelco in 2007, said Tom Clarke, a Virginia health-care executive and environmental activist whose ERP Compliant Fuels has made a bid to buy U.S. Steel Canada.
Tags: canada
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U.S. Steel Canada to become independent again
2015-10-07 22:00:54| Steel - Topix.net
The 100-year-old steel maker once known as Stelco Inc. will become independent again after United States Steel Corp. gave up on trying to restructure the company it purchased in 2007. U.S. Steel Canada Inc., possessing the youngest integrated steel mill in North America and an idle steel making mill in Hamilton, will proceed on its own or be sold after U.S. Steel and its stakeholders failed to reach a deal on the future of the Canadian unit within its troubled Pittsburgh-based parent company.
Tags: canada
independent
steel
steel canada
Dispute over U.S. Steel Canada restructuring sent to mediation
2015-09-17 00:12:28| Steel - Topix.net
U.S. Steel Canada plant near Nanticoke, Ontario. The steelworkers union, which represents employees at the company's mills in Hamilton and Nanticoke, Ont., has said it will seek an injunction to stop the shift of production to the U.S. U.S. Steel Canada plant near Nanticoke, Ontario.
U.S. Steel Canada finds new lender to finance creditor protection
2015-07-19 23:31:06| Steel - Topix.net
U.S. Steel Canada plant in Hamilton, March 4, 2009. The Canadian unit of USS wants Brookfield Capital Partners Ltd. approved as the provider of debtor-in-possession financing, replacing its parent company.
Tags: canada
finance
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steel