UPDATE 1-Court gives Stelco, Deutsche extension for deal


(Adds background and comments from union) TORONTO, Nov 22 (Reuters) - A Canadian court postponed making a ruling on Monday on a Deutsche Bank refinancing deal for Stelco Inc. , giving the two firms until Thursday to refine their proposal. The extension comes after Stelco, Canada's No. 1 steelmaker, which entered bankruptcy protection in January, lost a contract on Monday to supply steel to its biggest customer, General Motors Corp. . "At the present time, Stelco is in a swamp, there's ...

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