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| Company type | Public |
|---|---|
| TSX: STLC | |
| Industry | Steel milling |
| Founded | 1910 as Steel Company of Canada (Stelco) |
| Founder | Charles S. Wilcox |
| Headquarters | Hamilton, Ontario |
Area served | Worldwide |
| Products | Hot-rolled steel cold-rolled steel galvanized steel sheet special bar quality green steel ore mining |
| Owner | Bedrock Industries |
Number of employees | 2,000 |
| Website | https://www.stelco.com/ |
Stelco Holdings Inc. (known as U.S. Steel Canada from 2007 to 2016) is a Canadian steel company based in Hamilton, Ontario. Stelco was founded in 1910 by the amalgamation of several smaller firms. It continued on for almost 100 years until it filed for bankruptcy in 2007 and was bought by U.S. Steel. In 2016, the company was sold to Bedrock Industries of the United States, which took the company public.[1] The company made its debut on the Toronto Stock Exchange on Nov. 3, 2017.[2]
The Hamilton plant has not produced steel since 2011, but its coke ovens and cold rolling finishing works remain in operation. The company employs about 750 people in the Hamilton plant and 1,400 in Nanticoke, Ontario[3] at its greenfield facility Stelco Lake Erie Works.
- ^ Zochodne, Geoff (29 September 2017). "Turnaround specialist takes 100-year-old Stelco public, months after it came out of creditor protection". Financial Post. Retrieved 11 October 2017.
- ^ Deveau, Scott (November 3, 2017). "Stelco jumps in trading debut as it goes it alone". The Globe and Mail.
- ^ CBC News "'Making Stelco great again': A Hamilton steel company changes its name back", by Kelly Bennett, 2 December 2016