Cleveland-Cliffs’ Subsidiary Stelco To Restart Hamilton Finishing Operations, Recall 175 Workers

On September 28th Stelco announced that, in response to unsustainable market conditions for its cold rolled and coated products, Stelco temporarily idled our Hamilton finishing operations – a measure that impacted 175 of our employees. We are pleased to announce that we have reached agreement with a sufficient volume of our customers to restart our Hamilton finishing operations and recall all 175 workers on December 1st.

During the intervening period, Stelco has been in constant communication with our valued customers who have expressed great interest in working with Stelco and a desire for us to provide them with the high-quality products our Hamilton finishing facility is known for producing. Our customers have committed to support our Hamilton finishing operations despite the lack of response from the federal government to address the shortfalls in their tariff response program and the continued flood of offshore imports of galvanized products that have eroded our domestic market.

While the restart of our operations will take several weeks, as a measure of good faith to our employees we are recalling our workforce effective December 1st. All impacted employees will also be made whole retroactively for the standard wages they would have received during the period in which they were temporarily laid off.