Article 4ZKKJ Stelco cites 'unprecedented' drop in steel prices while reporting Q4 loss

Stelco cites 'unprecedented' drop in steel prices while reporting Q4 loss

by
The Canadian Press
from CBC | Edmonton News on (#4ZKKJ)
stelco-stock-steel.jpg

The Hamilton-based steel producer said Wednesday that it lost $24 million or 27 cents per diluted share for the quarter ended Dec. 31, compared with net income of $110 million or $1.23 per diluted for final quarter of 2018.

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