A Stelco flag flies beside a Canadian flag at the steel production facility in Hamilton, Ont., on Monday, February 10, 2025. THE CANADIAN PRESS/Nick Iwanyshyn
CP NewsAlert: Stelco owner hopes to recall laid-off workers before Christmas
Oct 28, 2026 | 12:27 PM
-
Share on Facebook
-
Share on Bluesky
-
Share on X
- Copy Link
OTTAWA — Cleveland-Cliffs Inc. CEO Lourenco Goncalves says he hopes to bring back laid-off Stelco workers before Christmas if a plan to increase Canadian sales succeeds.
In a written statement to The Canadian Press, Goncalves says the company is now counting on increased purchases of Canadian-made steel rather than tighter import restrictions to restore jobs at its Ontario operations.
Goncalves also says the number of layoffs “was never 500” but rather 175, despite an internal Stelco letter to employees on Sept. 28 warning that up to 500 workers at Hamilton Works and Lake Erie Works in Nanticoke, Ont., could be affected.
More coming.
