Cleveland-Cliffs (Stelco parent) temporarily lays off hundreds at Hamilton and Lake Erie Works

Cleveland-Cliffs, parent of Stelco, announced temporary layoffs affecting Stelco operations in Hamilton and at the Lake Erie Works in Nanticoke, Ont., citing weak demand, import pressure and an ongoing trade dispute. Stelco had announced plans to lay off up to 500 workers across its Hamilton and Lake Erie facilities; the article states Cleveland-Cliffs is "temporarily laying off 350" workers while also noting about 90 individual notices were being issued in Hamilton and roughly 330 Hamilton workers expected to be affected over three weeks, plus 40-50 possible cuts at Lake Erie. CEO Lourenco Goncalves said the layoffs are temporary and tied to galvanized steel market pressures and that workers would be recalled if a trade deal is reached. The company is preparing submissions to Canada’s Industry Minister about commitments made when Cleveland-Cliffs acquired Stelco in 2024.

Cleveland-Cliffs, Inc. cut 350 jobs affecting its cold-rolled and galvanized steel operations; pickling lines team.

That is roughly 1.3% of the 26,000 people Cleveland-Cliffs, Inc. employs.

LayoffTalk has tracked 7 layoff events at Cleveland-Cliffs, Inc. since June 2025, including 947 jobs documented in official WARN filings, with 5 additional events known from news reporting.