Steel Industry
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Federal government invests in green steel making in HamiltonAditya Mittal, CEO of ArcelorMittal, said the plan represents a 'historic moment' for the company, marking the 'beginning of a new era of steelmaking' in Hamilton.EconomyJul 30, 2021
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Hamilton’s Stelco signs deal to buy iron ore from U.S. mineStelco Holdings Inc. says it has entered into a long-term agreement with United States Steel Corp. to purchase iron ore pellets.EconomyMay 1, 2020
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Hamilton’s Stelco reveals Paul Scherzer as new CFOStelco Holdings Inc. says it has a new CFO just weeks after the steelmaker says it endured losses in its fourth-quarter report.CanadaMar 9, 2020
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‘Unprecedented’ drop in steel prices hurts bottom line of Hamilton’s StelcoStelco Holdings Inc. says it swung to a loss in its fourth-quarter after challenging market conditions, including an 'unprecedented' drop in steel prices.CanadaFeb 19, 2020
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Trump tariffs designed to revive U.S. steelmakers haven’t quite done the jobBy taxing imported steel, Trump risked raising costs for the many U.S. industries that use steel, straining ties with American allies and defying the limits of his authority to unilaterally punish trading partners.EconomyNov 4, 2019
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Stelco pushes for more support for steel industry in meeting with TrudeauStelco's president and executive chairman met with Justin Trudeau in Ottawa on Thursday.CanadaApr 11, 2019
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Fairfax Financial buys stake in Hamilton’s StelcoFairfax, an insurance-focused financial services company, says it has acquired 12.2 million common shares of the Hamilton steelmaker.CanadaNov 19, 2018
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Special federal remission program relieves $110M in tariffs in wake of trade disputeA special program meant to help Canadian companies hit by retaliatory tariffs on steel and aluminum imports by the U.S. has started to roll out millions in relief money.CanadaNov 6, 2018
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Canada’s steel capital of Hamilton, Ont. rattled as Trump tariff threat loomsA temporary exemption from U.S. tariffs is little comfort to Hamilton.CanadaMar 11, 2018
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Donald Trump aims at China with steel tariffs but risks slamming CanadaThe U.S., like others, is trying to address China's steel overproduction. In practice though, Canada might suffer the most.MoneyMar 2, 2018
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