Stelco

Politicians Must Collaborate to Find Solutions for Canada’s Struggling Workers

Retrieved on: 
Tuesday, January 24, 2023
Bruske, Housing, Dental care, Unemployment benefits, EI, Pension, Stelco, Heart, Legislation, Parliament, Congress, Government, Bank of Canada, Liberal, Canadian Labour Congress, Bank, Privatization, New Democrats, Certification, Sears, Food, NDP, Investment, ERS, Textile, Health insurance, Nortel

December’s CPI numbers showed that inflation is moderating in Canada, but workers continue to see their wages lagging.

Key Points: 
  • December’s CPI numbers showed that inflation is moderating in Canada, but workers continue to see their wages lagging.
  • “Let’s hope they are just as quick to start reducing rates as they were hiking them.
  • Meanwhile, before noon on January 3, Canada’s top CEOs had already pocketed the average workers’ annual salary.
  • To tackle the never-before-seen staff shortage, the government must invest in health care workers with better pay, benefits, pension plan and working conditions.

Slate Asset Management Announces Acquisition of Approximately 800 Acres of Industrial Land and Buildings in Hamilton, Ontario from Stelco Inc.

Retrieved on: 
Wednesday, June 1, 2022
Professional Services, Mining, Minerals, Manufacturing, Finance, Natural Resources, Steel, Slate, St. Lawrence Seaway, Â, Steel, EY, GDP, ESG, Partnership, Great Lakes, Golden Horseshoe, Government, City, Vision, Tourism, Sale, Employment, Technology, Acquisition, Population, Greater Toronto Area, Iron, History, Stelco, Renewable energy

Slate Asset Management (Slate or the firm), a global alternative investment platform targeting real assets, announced today the acquisition of approximately 800 acres of industrial land and buildings in Hamilton, Ontario from Stelco Inc. (Stelco).

Key Points: 
  • Slate Asset Management (Slate or the firm), a global alternative investment platform targeting real assets, announced today the acquisition of approximately 800 acres of industrial land and buildings in Hamilton, Ontario from Stelco Inc. (Stelco).
  • Brady Welch, Founding Partner at Slate, added: This project represents a defining opportunity to reactivate a massively underutilized parcel of land that has global industrial relevance.
  • The remaining 725 acres will be prepared by Slate for development into highly coveted, Class A industrial product.
  • Stelco produces flat-rolled value-added steels, including premium-quality coated, cold-rolled and hot-rolled sheet products, as well as pig iron and metallurgical coke.

Stelco Holdings Inc. Schedules First Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Tuesday, April 26, 2022
STLC, Investor relations, Stelco, Company, Iron, Webcast, TSX, NOT, FOR

Stelco management will host a conference call to discuss its results on Friday, May 6, 2022 at 9:00 a.m. ET.To access the call, please dial 1-833-950-0062 or 1-226-828-7575 and use access code 570501.

Key Points: 
  • Stelco management will host a conference call to discuss its results on Friday, May 6, 2022 at 9:00 a.m. ET.To access the call, please dial 1-833-950-0062 or 1-226-828-7575 and use access code 570501.
  • The conference call will also be webcasted live on the Investor Relations section of Stelco's web site at http://investors.stelco.com .
  • Stelco is a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America.
  • Stelco produces flat-rolled value-added steels, including premium-quality coated, cold-rolled and hot-rolled steel products, as well as pig iron and metallurgical coke.

A cleaner Hamilton Harbour: All contaminated sediment removed or capped at Randle Reef

Retrieved on: 
Wednesday, March 9, 2022
ECF, Government, Environment, The Honourable, City, Water quality, Tourism, Hockey, Stage 2, Federation, COA, Municipal government in Canada, Investment, Quality of life, Health, Climate change, Foundation, Great Lakes, Environment and Climate Change Canada, Great Lakes Areas of Concern, Reef, HOPA, Ecosystem, Water, Stelco, Conservation, Lake, History, Dredging, Aquaculture, Environmental remediation, Oil, Harbor, Great, Concern, Hamilton Harbour

During Stage2, over 615,000 cubic metres of contaminated sediment was managed, enough to fill a hockey rink nearly three times over.

Key Points: 
  • During Stage2, over 615,000 cubic metres of contaminated sediment was managed, enough to fill a hockey rink nearly three times over.
  • The sediment was primarily dredged and placed into an Engineered Containment Facility (ECF) constructed during the first stage, while the remaining contaminated sediment was capped in place.
  • "Today marks the completion of a major step in the cleanup of Randle Reef, with enough contaminated sediments removed and contained to fill a hockey arena three times.
  • The Randle Reef Sediment Remediation Project is a transformational step in improving the health and water quality of Lake Ontario, and the image of Hamilton itself.

Stelco Holdings Inc. Schedules Fourth Quarter and Full-Year 2021 Earnings Release and Conference Call

Retrieved on: 
Friday, February 11, 2022
Webcast, Company, FOR, NOT, Iron, Stelco, STLC, Investor relations, TSX

Stelco management will host a conference call to discuss its results on Thursday, February 24, 2022 at 9:00 a.m. ET.To access the call, please dial 1-833-950-0062 or 1-226-828-7575 and use access code 326859.

Key Points: 
  • Stelco management will host a conference call to discuss its results on Thursday, February 24, 2022 at 9:00 a.m. ET.To access the call, please dial 1-833-950-0062 or 1-226-828-7575 and use access code 326859.
  • The conference call will also be webcasted live on the Investor Relations section of Stelco's web site at http://investors.stelco.com .
  • Stelco is a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America.
  • Stelco produces flat-rolled value-added steels, including premium-quality coated, cold-rolled and hot-rolled steel products, as well as pig iron and metallurgical coke.

Stelco Holdings Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call

Retrieved on: 
Tuesday, November 2, 2021
Stelco, NOT, STLC, TSX, FOR, Company, Iron, Webcast, Investor relations

Stelco management will host a conference call to discuss its results on Thursday, November 11, 2021 at 9:00 a.m. ET.To access the call, please dial 1-833-950-0062 or 1-226-828-7575 and use access code 460732.

Key Points: 
  • Stelco management will host a conference call to discuss its results on Thursday, November 11, 2021 at 9:00 a.m. ET.To access the call, please dial 1-833-950-0062 or 1-226-828-7575 and use access code 460732.
  • The conference call will also be webcasted live on the Investor Relations section of Stelco's web site at http://investors.stelco.com .
  • ET on November 25, 2021 by dialing 1-866-813-9403 or 1-226-828-7578 and using the access code 086064.
  • Stelco is a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America.

Stelco Holdings Inc. and Bedrock Industries Cooperatief U.A. Announce Secondary Bought Deal Equity Offering

Retrieved on: 
Thursday, March 4, 2021
Stelco, Hamilton, Ontario, Companies, Economy of Canada, Geography of Ontario

HAMILTON, Ontario, March 03, 2021 (GLOBE NEWSWIRE) -- Stelco Holdings Inc. (Stelco or the Company), (TSX: STLC) and Bedrock Industries Cooperatief U.A.

Key Points: 
  • HAMILTON, Ontario, March 03, 2021 (GLOBE NEWSWIRE) -- Stelco Holdings Inc. (Stelco or the Company), (TSX: STLC) and Bedrock Industries Cooperatief U.A.
  • The offering is expected to close on or about March 10, 2021 and is subject to certain conditions, including all necessary regulatory approvals.
  • Following the closing of the Offering (assuming no exercise of the over-allotment option), Bedrock Industries Cooperatief U.A.
  • The net proceeds of the Offering will be paid directly to Bedrock Industries Cooperatief U.A.

Stelco Announces Cybersecurity Attack

Retrieved on: 
Sunday, October 25, 2020
Cybercrime, Data security, Cyberwarfare, Computer network security, Stelco, Cyberattack, Computer security

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    HAMILTON,ON, Oct. 25, 2020 /CNW/ - Stelco HoldingsInc.
  • ("Stelco" or the "Company") (TSX: STLC)a low-cost, integrated and independent steelmaker and 100% owner of the operating companyStelcoInc., announced that it was subject to a criminal attack on its information systems.
  • In response,Stelcoimmediately implemented countermeasures in accordance with established cybersecurity procedures and policies that have been developed in collaboration with expert external advisors.
  • This news release contains forward-looking statements, as defined by applicable securities legislation, including statements regarding Stelco's actions in response to the cyber attack and the anticipated impact of the attack on Stelco's business and operations.

Stelco Provides Further Details on Blast Furnace Upgrade Project

Retrieved on: 
Monday, September 14, 2020
Industrial processes, Industrial furnaces, Steelmaking, Blast furnace, Metallurgy, Smelting, Stelco, Metals

Stelco continues to proceed with its comprehensive blast furnace upgrade and reline project at its Lake Erie Works facility in Nanticoke, Ontario, creating what we believe will be the first smart blast furnace of its kind in North America.

Key Points: 
  • Stelco continues to proceed with its comprehensive blast furnace upgrade and reline project at its Lake Erie Works facility in Nanticoke, Ontario, creating what we believe will be the first smart blast furnace of its kind in North America.
  • The upgrade project is currently on-budget and on-schedule, with hot metal production expected early in October 2020.
  • The blast furnace upgrade and reline project is the first one in the history of Lake Erie Works and will enable Stelco to efficiently operate its technologically advanced blast furnace for the next three to four decades.
  • Forward-looking information in this news release includes our expectations that: we will improve our cost position following the completion of the blast furnace reline and upgrade project; expectations that the blast furnace upgrade and reline project will be completed by early October 2020; that the Company will be well positioned to participate in any economic recovery following completion of the blast furnace project; that the blast furnace upgrade and reline project remains on schedule and on budget; expectations that upon completion of the blast furnace reline and upgrade project the Company will benefit from upgrades intended to lower our cost structure and increase our steelmaking capacity and enhance our product quality; and expectations that the Company's strategic initiatives will position the Company for long-term success.

Stelco Announces Alan Kestenbaum to Become Chief Executive Officer

Retrieved on: 
Monday, January 27, 2020
Stelco, Hamilton, Ontario, Kestenbaum, Chicago and North Western Transportation Company, Companies, Economy of Canada, Rail transportation in the United States

HAMILTON, ON, Jan. 27, 2020 /CNW/ - Stelco Holdings Inc. ("Stelco" or the "Company") (TSX: STLC) today announced that Alan Kestenbaum, will return as the Company's Chief Executive Officer, effective February 21, 2020, at which point David Cheney will be stepping down and returning to Bedrock Industries.

Key Points: 
  • HAMILTON, ON, Jan. 27, 2020 /CNW/ - Stelco Holdings Inc. ("Stelco" or the "Company") (TSX: STLC) today announced that Alan Kestenbaum, will return as the Company's Chief Executive Officer, effective February 21, 2020, at which point David Cheney will be stepping down and returning to Bedrock Industries.
  • Mr. Kestenbaum previously served as Stelco's Chief Executive Officer from the closing of Stelco's Initial Public Offering to February 2019 and is currently acting as Stelco's Executive Chairman.
  • Mr. Kestenbaum noted "I am excited to be returning soon to the CEO role to continue leading the Company through its next phase of growth".
  • Stelco is a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America.