HAMILTON, ON, Dec. 6 /CNW/ - Stelco Inc. (TSX:STE) today was granted an Order of the Superior Court of Justice (Ontario) extending the stay period under its Court-supervised restructuring from today until December 12, 2005. The Court also directed that the previously-adjourned meetings of affected creditors will resume on December 9, 2005 for the purpose of considering and voting on the restructuring plan announced on December 5, 2005, with or without amendment. Courtney Pratt, Stelco President and Chief Executive Officer, said, "We'll do everything we can to achieve an agreement among stakeholder groups by the time of Friday's vote. We believe that a creditor-supported plan receiving a positive vote is much better for all concerned than the alternatives if the plan is defeated. About Stelco Stelco Inc. is a large, diversified steel producer. Stelco is involved in major segments of the steel industry through its integrated steel business, mini-mills, and manufactured products businesses. This news release may contain forward-looking information with respect to the Corporation's business operations, financial performance and conditions. Actual results may differ from expected results for a variety of reasons including factors discussed in the Corporation's Management's Discussion and Analysis section of the Corporation's 2004 Annual Report. To learn more about Stelco and its businesses, please refer to our Web site at www.stelco.ca. %SEDAR: 00001549E