Steel Mills
September 17, 2015
US Steel Canada Heads to Mediation
Written by Sandy Williams
Mediation may be the solution to the controversial issues between US Steel and stakeholders at US Steel Canada. Former Ontario Superior Court associate chief justice Douglas Cunningham will preside over a three-day session scheduled to begin next week.
“The mediation shall address the feasibility of a comprehensive agreement among the parties,” wrote Superior Court Justice Herman Wilton-Siegel in a court order. The mediation will consider US Steel’s claim that it is owed $2.2 billion by USSC and US Steel’s decision to shift production from the Canadian mills to the United States. The mediation will also address the restructuring and sale of US Steel Canada.
