Cleveland-Cliffs CEO hints at possible Stelco sale amid legal dispute

Stelco owner says he could sell plant next year after becoming 'persona non grata in Canada'

CBC • 27 oct. 23h34

Cleveland-Cliffs chief Lourenço Gonçalves said he may sell the Hamilton steel plant within a year as a conflict with Industry Minister Mélanie Joly heads toward court action.

Joly demands Cliffs come up with plan to restore Stelco jobs as condition for meeting

The Globe and Mail • 27 oct. 14h15

Canada's industry minister said Cleveland-Cliffs must present a timeline to restore Stelco jobs as a precondition for a scheduled meeting, amid concerns the firm may have breached its acquisition commitments.

Cleveland-Cliffs says Stelco in 'full compliance' with commitments to Ottawa, wants to meet with Joly

CBC • 27 oct. 12h55

Cleveland-Cliffs asserts that its Canadian subsidiary Stelco is fully compliant with the Investment Canada Act and has requested talks with Industry Minister Mélanie Joly to address recent layoffs.

American steel dominates Canadian imports, trade data shows

BNN Bloomberg • 27 oct. 09h59

Federal data indicate that more than half of Canada\'s galvanized and coated steel sheet imports in the first nine months of 2026 came from the United States, challenging Cleveland-Cliffs\' claim that cheap overseas steel drives Stelco layoffs.

Cleveland-Cliffs says it is in compliance with commitments to Ottawa, seeks meeting with Joly

The Globe and Mail • 27 oct. 01h39

Cleveland-Cliffs says it meets its Investment Canada Act obligations after Stelco layoffs and has asked Industry Minister Mélanie Joly for a meeting to discuss restoring jobs.