Cleveland-Cliffs could be forced to sell Canadian assets if layoffs proceed, minister warns

source: news (news:seeking-alpha)published 2026-10-15 00:08ingested 2026-10-15 02:59

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Cleveland-Cliffs could be forced to sell Canadian assets if layoffs proceed, minister warns

Oct 14, 2026, 8:08 PM ETCleveland-Cliffs Inc. (CLF) StockBy : Carl Surran, SA News Editor

Stelco's U.S. owner Cleveland-Cliffs (CLF) could face legal action, including financial penalties or a forced sale of assets in Canada, if it proceeds with hundreds of layoffs, Canada's Industry Minister Melanie Joly warned Wednesday, according to The

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