Tuesday, July 13, 2004

Wabush Mines strike shouldn't affect Stelco production through balance of 2004: "Wabush Mines, one of Stelco's raw material suppliers, is an iron ore operation in Labrador and Quebec jointly owned by Stelco (44.6%), Dofasco (28.57%) and Cliffs Mining (26.83%). [...] On July 5, 2004, 575 members of Local 6285 of the USWA went on strike putting the operation on idle.
'Because we have committed purchases and secure supply from other mining properties in which Stelco holds an ownership interest, our steel production should not be affected through the balance of 2004,' said Stelco Chief Operating Officer, Colin Osborne."

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