Canada’s industry minister said Wednesday Stelco Holdings Inc. cannot use the trade war to justify cutting jobs it committed to when it bought the Hamilton-based steel plant, particularly when the head of its U.S. parent company has publicly backed steel tariffs.
Mélanie Joly told reporters that the chief executive of U.S.-based Cleveland-Cliffs has supported steel tariffs and therefore cannot characterize the company’s plan to lay off up to 500 workers due to tariffs and market pressures as beyond its control.
