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Stelco Holdings Inc.

09:42 AM EST - Stelco Holdings Inc. : Announced today that the previously announced bought deal secondary offering of 6,670,000 common shares of the Company by LG Bedrock Holdings LP at a price of $33.00 per Common Share for aggregate gross proceeds of $220,110,000 to the Selling Shareholder has closed (which included the sale of 870,000 Common Shares pursuant to the exercise in full by the underwriter of its over-allotment option. Stelco Holdings Inc. shares T.STLC are trading unchanged at $33.96.