Cliffs’ Stelco Set to Idle Some Steel Operations on Tariffs

(Bloomberg) -- Canadian steelmaker Stelco plans to suspend some operations in Hamilton, Ontario, citing the impact of US tariffs and trade disruptions on the Canadian steel industry.The Cleveland-Cliffs Inc. unit said it expects to “indefinitely idle” its cold-rolled and coated operations at Hamilton Works in the coming weeks, according to a Sept. 28 letter to customers obtained by Bloomberg News.“This is an unfortunate but necessary action to help ensure the survival of Stelco in what has become a challenging and…