Joly asks Competition Bureau to probe comments from Cliffs CEO
Lourenco Goncalves has said his company bought Stelco to stop it from flooding the U.S. market; it’s unclear what steps the regulator can take
Covered by 2 sources from Canada. First reported by The Globe and Mail ·
How 2 newspapers cover this story
Joly asks Competition Bureau to probe comments from Cliffs CEO
Lourenco Goncalves has said his company bought Stelco to stop it from flooding the U.S. market; it’s unclear what steps the regulator can take
Joly seeks Competition Bureau probe of Stelco as more layoffs loom
The federal government is asking the competition commissioner to 'thoroughly examine' if Stelco owner Cleveland-Cliffs breached the Competition Act.
Coverage details
2 outlets from Canada are covering this story: The Globe and Mail and Global News. The Globe and Mail published it first, on November 6, 2026; the last outlet to join was Global News, 3 hours later.
Key names in the coverage: Competition Bureau, Stelco, Cliffs CEO, Lourenco Goncalves and Competition Act.
