Hamilton steelmaker Stelco sold to Cleveland-Cliffs for $3.4B
by from CBC | Edmonton News on (#6P7KW)
Hamilton-based steelmaker Stelco Holdings Inc. is set to be acquired by U.S.-based Cleveland-Cliffs Inc. for $3.4 billion Cdn. The company said its headquarters will remain in Hamilton and it will build on its existing 1,000-employee footprint in Canada.