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Stelco to Lay Off Hundreds of Workers

Photo Credit: Stelco website, stelco.com

The steelmaker says it will indefinitely idle finishing operations at its Hamilton plant.

HAMILTON - Hundreds of people could be out of a job, after Stelco Holdings announced that it will idle finishing operations at its plant in Hamilton.

The company made the announcement yesterday, saying it will instead concentrate production at it's Lake Erie facility in Nanticoke. It also said overall steel tonnage will not be reduced, but it will be changing its product mix.

It also said a significant number of the affected workers in Hamilton will be offered jobs at the other facility, but didn't provide an exact number for the layoffs.

Up to 500 employees could be affected by this announcement, which comes amid the US tariffs on Canadian steel.

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