Restructured Stelco Back on Track After Closings, Fourth-Quarter Loss

March 2007
Metal Center News;Mar2007, Vol. 47 Issue 3, p48
Trade Publication
The article reports that Stelco Inc. has completed the key components of its operational restructuring upon closing the bankruptcy process in Canada. The restructuring elements include productivity initiatives and reduction in labor force, production costs cutting measures through improvement in workflow and capital projects optimization. According to chief executive officer (CEO) Rodney Mott, they have significantly enhanced their efficiency with the completion of the restructuring program.


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