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Stelco to idle Hamilton Works, cutting up to 500 jobs

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Story summary
  • Stelco Holdings will idle cold-rolled and coated operations at Hamilton Works, affecting up to 500 workers.
  • U.S. President Donald Trump’s 50% tariffs on Canadian steel have cut Stelco’s cold-rolled market, prompting the idling.
  • United Steelworkers Local 1005 president Ron Wells estimates 350 layoffs, with seniority determining cuts.
  • Pat Persico says many laid-off employees will be offered jobs at Lake Erie Works in Nanticoke, Ontario.