Hamilton-based Stelco now selling steel exclusively in Canada

Cleveland-Cliffs, the U.S. parent company of Stelco, says the Hamilton-based steelmaker is now selling its product exclusively in Canada.

The move comes as a result of the U.S.-Canada tariff war.

Ohio-based Cleveland-Cliffs has stalled work at six facilities and laid off 2,000 workers in the United States since President Donald Trump announced 25 per cent tariff on steel imports into the U.S. earlier this year.

In a May 7 earnings report the company said it is now selling steel made by Stelco exclusively within Canada.

In 2024 about 30 per cent of the company’s Canadian-made steel was sold in the U.S.

Cleveland-Cliffs purchased Stelco last fall in a $3.4-billion deal with the former ownership of Bedrock Industries and various equity funds.

There have been no reported layoffs of unionized workers at Stelco since the sale.

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