Economy and macroUpdated Yesterday

Al Jazeera reports a back-pay promise for Stelco workers

Al Jazeera reports that Stelco promised back pay to laid-off workers and describes the planned recall as following government pressure. It also says the steelmaker’s U.S. owner blamed the layoffs on tariffs, weak demand and imports. That adds a pay promise and a government-pressure account to Bloomberg’s report of customers committing to resume purchases.

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