UPDATE 1-Stelco loses contract to supply steel to GM-union
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Stelco Inc. (STEa.TO: Quote, Profile, Research) has lost a contract to supply steel to General Motors Inc. (GM.N: Quote, Profile, Research) , its biggest customer
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Russia&#39;s OAO Severstal (CHMF.RTS: Quote, Profile, Research) made a bid for Stelco Inc. (STEa.TO: Quote, Profile, Research) on Tuesday, promising to take on the debts
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In Toronto story headlined &#39;Stelco loses contract to supply steel to GM-lawyer&#39;, please read in first paragraph...General Motors Corp...instead of General Motors Inc. Corrects company title. TORONTO, Nov 22  - Stelco Inc.
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A fresh bidding war for Anglo-Dutch steelmaker Corus has erupted when Brazilian group CSN offered about 5.8 billion pounds (8.6 billion euros, 11.3 billion dollars) shortly after Corus had accepted a lower bid from Tata Steel of India.
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Stelco Inc. (STEa.TO: Quote, Profile, Research) said on Friday that it would be losing General Motors (GM.N: Quote, Profile, Research) , its biggest customer
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JAPAN&#39;S second largest carmaker, Nissan Motor, is being forced to suspend output because of a severe steel shortage. Japan&#39;s largest steel company, Nippon Steel, said it was unable to meet Nissan&#39;s request
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Steel makers' gain is steel users' loss.
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GERMANY - European factories of General Motors Inc. launched a massive strike protesting against the planned major job cuts. The automaker has recently released its plans to reduce the number of jobs by 12
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Stelco Inc (STEa.TO: Quote, Profile, Research) said it will not reach a new labor agreement with the union at its Lake Erie Works by midnight on Thursday, meaning Canada&#39;s No.
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TORONTO (CP) - Troubled steelmaker Stelco Inc. and General Motors reached a deal Tuesday to secure the automaker as a customer next year, if the restructuring steelmaker can reach a key labour deal and prove to GM its restructuring is on track.
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The buyout offer, which covers G.M.âs entire unionized work force, came as G.M. announced a $722 million fourth-quarter loss.
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LONDON/MUMBAI  - India's Tata Steel  is set to become the world's fifth-biggest steelmaker after winning a battle for Anglo-Dutch steelmaker Corus Group   with a 6.2 billion pounds ($12 billion) offer.
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CHICAGO - Shares of steel companies tumbled Thursday, after a published report detailed the threat of a global steel oversupply due to China&#39;s new position as a net exporter.
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More than 73,000 General Motors Corp workers walked off the job on Monday after marathon contract talks between the United Auto Workers union and GM stalled and the union called the first national strike since 1970 against the top U.S. automaker.
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[World News]: New York, Oct 25 : Global steel major Ispat International Monday announced it was acquiring LNM Holdings of the Netherlands to become the world&#39;s largest steel producer.
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Russian steel giant OAO Severstal on Tuesday made a formal takeover offer for Canadian&#39;s insolvent Stelco Inc. which is in the midst of bankruptcy protection.
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U.S. Steel Corp  is to acquire Stelco Inc  for about $1.1 billion to strengthen its position as a supplier of flat-rolled steel products in North America, the companies said.