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EconomyStelco's U.S. owner calls quarter its strongest since acquisition as mass layoffs begin

Stelco's U.S. owner says the steelmaker's third quarter this year was its strongest since the 2024 acquisition. Meanwhile, hundreds of workers in Hamilton and Nanticoke, Ontario, are set to lose their jobs, with layoff notices beginning earlier this month.

Stelcosteel industrylayoffs

CCBC News★★★☆☆2026-10-20 08:00Original

Stelco's U.S. owner calls quarter its strongest since acquisition as mass layoffs begin
Economy