March 8, 2018 / 4:21 PM / 7 months ago

BUZZ-Stelco Holdings: Gains as trade war fears ease

** Canadian steel producer’s shares up 6.6 pct at C$26.25 - set for biggest one-day gain since Nov debut

** U.S. President Trump plans to offer Canada possibility of a 30-day exemption from hefty import tariffs

** News also lifts Canada’s main stock index, which fell 0.3 pct on March 1 when Trump first hinted at steel and aluminum import tariffs

** Trump is expected to sign a proclamation imposing 25 pct tariffs on steel imports and 10 percent on aluminum later in the day (Reporting by Taenaz Shakir in Bengaluru)

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