Stelco says DaimlerChrysler extends deadline

Newswire

TORONTO, Oct 29 (Reuters) - DaimlerChrysler tossed Stelco Inc. , Canada's biggest steelmaker, a lifeline on Friday, giving it three weeks to secure a deal with unionized workers and assure deliveries. Stelco said DaimlerChrysler, its second-biggest customer behind General Motors Corp. , pushed back an Oct. 31 deadline to Nov. 18 on making a decision on where to get its steel. The steelmaker said the new deadline will give it enough time to reach a labor agreement with the 1,000 workers ...

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