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Canada

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

CBC Canada ·
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.

Read the full article on CBC Canada ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbc.ca — the content belongs to CBC Canada.

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