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Canada consulting lawyers over Stelco CEO comments, Joly says

Source: The Globe and Mail

Antitrust & CompetitionTrade Policy & Supply ChainLegal & LitigationM&A & Restructuring

Canadian Industry Minister Mélanie Joly said Ottawa is consulting its lawyers about remarks by Cleveland-Cliffs CEO Lourenco Goncalves. Goncalves suggested he bought Stelco to protect Cleveland-Cliffs' U.S. operations from Canadian competition; no legal action or outcome was reported.

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