Stelco reports results for first quarter 2005

Stelco press release

Stelco Inc. today reported net earnings of $49 million ($0.48 per common share) in the first quarter ended March 31, 2005. This record level of first quarter earnings for the Company is compared to a net loss of $37 million ($0.36 per common share) in the first quarter of 2004 and net earnings of $1 million ($0.01 per common share) in the fourth quarter of 2004.

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