Canadian steel producer Stelco plans $150-million IPO

News Markets Intelligence Careers Education Buyers Guide News Markets Buyer's Guide Advertise RSS Newsletter The Northern Miner MINING.COM Canadian Mining Journal Sign In Join Profile Sign out Copper Gold Lithium Nickel Commodities Iron Ore Rare Earth Coal Uranium Cobalt Diamond Zinc Platinum Palladium Silver Potash Suppliers Equipment TOP 50 USA Canada Australia Regions Africa China Latin America Europe Asia TNM Maps TNM Marco Polo Valentina Ruiz Leotaud | September 27, 2017 | 7:09 pm Base Metals Canada Iron Ore Zinc Stelco’s facility in Hamilton. Photo by Martin Cathrae, Flickr. Stelco Holdings Inc. announced today that it has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada and obtained a receipt in respect of its proposed initial public offering of common shares. The Hamilton-based company, which emerged from bankruptcy protection three months ago and is owned by U.S. restructuring firm Bedrock Industries Group LLC, plans to raise $150-million in the share sale that could have a total market value of about $1 billion. Sign Up for the Copper Digest Sign Up Goldman Sachs & Co. an...

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