Latest updates for Stelco

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Recent items include:

  • Hamilton steel plant, Stelco, laying off hundreds of workers in response to ‘market uncertainty’
  • Stelco to lay off 350 workers at Hamilton steel plant: union
  • What is Stelco and why has it become a flashpoint in the Canada-U.S. trade war?

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toronto.citynews.ca /3 weeks ago

Hamilton steel plant, Stelco, laying off hundreds of workers in response to ‘market uncertainty’

Stelco Holdings Inc. says it will “idle finishing operations” at their Hamilton Works facility in the face of “market uncertainty.” In a statement on Monday afternoon, Stelco says...

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globalnews.ca /3 weeks ago

Stelco to lay off 350 workers at Hamilton steel plant: union

The union representing workers says the company told them ongoing U.S. tariffs on steel are a primary reason for Stelco's decision to idle the plant.

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financialpost.com /5 days ago

What is Stelco and why has it become a flashpoint in the Canada-U.S. trade war?

Ottawa is threatening to sue the steelmaker's American owner — the latest development in the growing saga of Stelco, a company with a storied history

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globalnews.ca /1 week ago

Stelco pushes back on Ottawa amid threats of legal action over layoffs

Stelco has reportedly pushed back on accusations it breached its agreement with the federal government, saying they are "false," and it "stands ready to protect its interests."

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globalnews.ca /1 week ago

Stelco penalties including fines, forced sale possible over layoffs: Joly

Industry Minister Mélanie Joly is expected to speak Wednesday afternoon — her first public appearance since Stelco answered Ottawa's legal threat over layoffs of up to 500 workers.

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globalnews.ca /1 week ago

Stelco layoff legal challenge timeline is in ‘days,’ Joly says

Approximately 90 workers received notices last week, and the first layoffs took effect Sunday, the president of United Steelworkers local 1005 previously told Global News.

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financialpost.com /3 weeks ago

Steel plants are crying for steel even though Stelco has just laid off hundreds of workers

The U.S.-Canada trade war is aggravating market dynamics in Canada's steel sector

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globalnews.ca /3 weeks ago

Stelco layoffs highlight domino effect of U.S. tariffs: industry experts

The job cuts are the latest in a string of tariff-linked layoffs in the province and come after plans for more than 1,000 job cuts at Algoma Steel.

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globalnews.ca /3 weeks ago

‘No amount of money’ would have avoided Stelco slowdown, job loss: CEO

In an exclusive interview with Global News, the owner of Stelco, said the layoff decision was purely market-driven and that financial incentives could not fix the issue.

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manufacturingdive.com /5 days ago

Cleveland-Cliffs CEO blames Canada for Stelco layoffs

Lourenco Goncalves urged the government to strengthen its tariff strategy, saying he will bring back hundreds of laid-off workers in exchange for a stronger galvanized steel market...

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fool.ca /1 week ago

What Happens Next After Ottawa’s Deadline for Stelco

Stelco's owner has defended its layoffs, but Ottawa's deadline doesn't automatically settle the jobs dispute or the investment case. The post What Happens Next After Ottawa’s Deadl...

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globalnews.ca /2 days ago

Ottawa gives Stelco 15 days to reverse Hamilton layoffs or face lawsuit 

If the company does not reverse the layoffs, Joly warns she will proceed with court action that could see the company be forced to sell their Canadian operations. 

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nwitimes.com /1 week ago

Cleveland-Cliffs laying off 500 workers in Canada

Cleveland-Cliffs is laying off 500 workers at its Stelco mill in Canada.

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ttnews.com /3 weeks ago

Carney accuses U.S. steelmaker of betraying Canadian workers

Stelco announced layoffs it attributed in part to President Donald Trump’s tariffs. Carney also threatened legal action.

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toronto.citynews.ca /3 weeks ago

Stelco layoffs expose domino effect of tariffs through supply chain: experts

The latest round of layoffs in Ontario’s steel belt highlights the ripple effects of U.S. tariffs as their impact reverberates through Canada’s manufacturing supply chain, industry...

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globalnews.ca /2 weeks ago

Trump’s steel tariffs likely here for ‘long term:’ Canadian industry group

The Canadian Steel Producers Association vice president says we need to deal the world as it is, not as we would like it to be, as U.S.-owned Hamilton plant lays off workers.

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ttnews.com /1 month ago

Stellantis, armored vehicle maker outline Brampton plant sale

Stellantis signed a memorandum with a Canadian armored vehicle manufacturer that outlines steps toward the sale of an idled car factory near Toronto.

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news.ontario.ca /2 weeks ago

Ontario and Canada Investing Over $203,000 to Protect Steel Workers in the Hamilton Area

New investment will help 75 steel and manufacturing workers gain in-demand skills, protect local jobs and build a stronger, more resilient economy in the face of U.S. tariffs

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webwire.com /3 weeks ago

Henkel successfully closes acquisition of specialty coatings company Stahl

Henkel has successfully completed the acquisition of the Netherlands-based Stahl Group (“Stahl”), a global player in high-performance specialty coatings for flexible materials. Fol...

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seekingalpha.com /2 weeks ago

Cliffs unit is said to proceed with Canada layoffs despite govt. ultimatum

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ttnews.com /1 month ago

BYD asks about taking over Canada Stellantis plant

Most of the vehicles Canada produces are exported to the U.S., but the trade war and the lack of a new product earmarked for the factory have clouded its future.

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enr.com /2 weeks ago

Steel Manufacturer Zekelman Promotes Alternate Steel Forms for Data Center Construction

As a producer of steel pipes and tubes, Zekelman Industries sees an opportunity as steel mills struggle to keep up with demand from data centers, semiconductor fabs and pharmaceuti...

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seekingalpha.com /1 month ago

Constellium: The Market Still Thinks It's An Aluminum Producer, But It's Not

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globalnews.ca /1 month ago

Stellantis signs MOU on Brampton, Ont., plant as talks with union break down

Stellantis has signed a memorandum of understanding with Roshel for the potential sale of its idled Brampton assembly plant as Unifor pauses contract talks.

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Sources covering Stelco

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fool.ca

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globalnews.ca

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globalnews.ca

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globalnews.ca

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