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Stelco's U.S. owner says steelmaker had 'strongest' quarter since acquisition as massive layoffs underway

Stelco's third quarter this year was its "strongest" since the U.S. company acquired it in 2024, according to its owner. At the same time, hundreds in Ontario are set to lose their jobs in Hamilton and Nanticoke. Layoff notices started rolling out earlier this month.

Stelco's U.S. owner says steelmaker had 'strongest' quarter since acquisition as massive layoffs underway

We haven't written up this one. CBC Canada has the full story — the link below goes straight to it.

Read the original at cbc.ca →

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