Steel Mills
February 2, 2016
US Steel Canada Commences Sales Process
Written by Sandy Williams
US Steel Canada is officially for sale again. A press release by USSC announced the company is commencing a sale and investment solicitation process under the Companies’ Creditors Arrangement Act (CCAA).
US Steel Canada is authorized by order from the Ontario Superior Court of Justice “to pursue all avenues of a sale or refinancing of its business or property, in whole or in part, subject to prior approval of the Court.”
