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

https://mins.news/en/item/107487

- CBC News, 2026-10-20 08:00 UTC
- Economy
- Original: https://www.cbc.ca/news/canada/hamilton/cleveland-cliffs-stelco-strongest-quarter-9.7387277?cmp=rss

> 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.

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