Stelco sold

An era in Hamilton is truly over. Stelco has been sold to an American company, USX. There are now no more independent steel producers in Canada.

I come from a Dofasco family, but the workers at Dofasco (non-union) rooted for their union brothers and sisters at Stelco -- wage agreements there usually trickled down into what the people at Dofasco got. However, the US steel industry has seen a massive shakeup, with USX one of the survivors after making brutal cuts in their workforce as well as what they pay workers.

This is really going to be interesting, what happens next.

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