Stelco's Restructuring Plan Receives Court Approval

February 2006
Metal Center News;Feb2006, Vol. 46 Issue 2, p77
Trade Publication
The article reports on the Ontario Superior Court of Justice's approval of the restructuring plan for Stelco Inc. The court stated that the company has been in compliance with all statutory requirements and court orders in accordance with the Companies' Creditors Arrangement Act. Stelco president Courtney Pratt believes that the new Stelco that emerges from the process will be much better positioned to become a viable and competitive steel producer for the long term.


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