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Cleveland-Cliffs to Retain Stelco Amid Jobs Dispute With Canadian Government

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Summary

Cleveland-Cliffs is ruling out selling Stelco until the business improves production and 175 laid-off workers return to their jobs, an effort Chief Executive Lourenco Goncalves said hinges on Canadians buying the company’s steel products.

Description from The Wall Street Journal.

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    Cleveland-Cliffs to Retain Stelco Amid Jobs Dispute With Canadian Government

    Cleveland-Cliffs is ruling out selling Stelco until the business improves production and 175 laid-off workers return to their jobs, an effort Chief Executive Lourenco Goncalves said hinges on Canadians buying the company’s steel products.