OneSteel halts trade

The Australian Securities Exchange said trading in OneSteel stocks would begin again at the start of normal trading on Thursday.In October last year, OneSteel cancelled plans for a $A157 million takeover of New Zealand steelmaker Steel & Tube.At the time, OneSteel chief executive Geoff Plummer said the economic situation had changed dramatically since the company announced its intention to make an offer for Steel & Tube in the previous month.

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