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

large bowl of molten metal at a steel mill. Steel production.

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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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