HAMILTON Stelco Holdings Inc. says its net earnings for the third quarter ended Sept. 30 were down by almost 74 per cent year-over-year to $158 million, or $2.33 per diluted share.
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From Bloomberg: Steel demand in some key markets is showing signs of perking up. Cleveland-Cliffs Inc. and Steel Dynamics Inc., for instance, said carmakers can't get enough chips to produce enough vehicles to meet consumer needs.