This extension will focus everyone's attention on trying to reach an agreement. We continue to believe that such an outcome is the best for everyone concerned.

This plan, together with the restructuring agreement with the province, represents a significant step forward in our quest for a consensual restructuring and a positive outcome. It provides a strong platform for restructuring the company. And it moves us closer to the goal of emerging successfully from court protection as a viable steel producer at Lake Erie and in Hamilton.

This plan, together with the restructuring agreement with the province, represents a significant step forward in our quest for a consensual restructuring and a positive outcome.

I am pleased that we have managed to reach a sustainable agreement that I believe will help the viability of the final salary scheme for our existing staff, while also offering an excellent pensions package for new engineers.

The company's focus remains on negotiating a new cost-competitive agreement by Feb. 28. Negotiations are continuing. AK Steel remains hopeful.

That's going to be the focus -- to come up with a plea agreement. . . . We're going to try to work out a [deal] and ask for some time to get that done.