Stelco Inc. (ticker: STE.to, exchange: Toronto Stock Exchange) News Release - 4/27/2004

Advisory - Stelco Inc. - Year-end 2003 and first quarter 2004 results

TORONTO, Apr 27, 2004 (Canada NewsWire via COMTEX) -- The results for year-end 2003 and first quarter 2004 will be issued by press release late the morning of Thursday, May 6, 2004.

CONFERENCE CALL AND WEBCAST

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Courtney Pratt, President and Chief Executive Officer, Colin Osborne, Chief Operating Officer and Executive Vice President - Strategy, and Bill Vaughan, Senior Vice President - Finance, will host a conference call and Webcast to review Stelco's financial results for year-end 2003 and first quarter 2004.

Date: Thursday, May 6, 2004

Time: 4:00 p.m.

Local or Overseas: (416) 405-8532

North America: (877) 295-2825

The conference call and Webcast will be available on Stelco's Web site at www.stelco.ca. Please choose the "Investor Information" section and follow the link at the top of the page. Please log in at least 15 minutes prior to the call.

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For those unable to participate in the conference call, a taped rebroadcast will be available until midnight May 13, 2004. The numbers for the rebroadcast are:

Local or Overseas: (416) 695-5800

North America: (800) 408-3053

Passcode: "STELCO" or 783526

As well, the conference call will be archived on Stelco's Web site at www.stelco.ca. To access the replay, choose the "Investor Information" section then select "Replay Quarterly Earnings Call" at the top of the page.

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VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=23131

For further information: please contact Marion Davis at (905) 528-2511,

extension 4337;

Archived images on this organization are available through CNW E-Pix at

http://www.newswire.ca. Images are free to members of The Canadian Press.

News release via Canada NewsWire, Toronto 416-863-9350