Stelco loses contract to supply steel to GM-union

Newswire

VANCOUVER, British Columbia , Nov 22 (Reuters) - Stelco Inc. has lost a key contract to supply steel to General Motors Inc. because the insolvent Canadian steelmaker could not provide the U.S. car giant with assurances of labor stability, the union at Stelco said on Monday. "An agreement has not been able to be reached to meet (GM's) conditions, so therefore the work is no longer available," Ken Neumann, national director of the United Steelworkers of America, said. He said the contract ...

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