Watch the interview with Rosemary Barton, the CEO of Cleveland-Cliffs is barely able to conceal the bullshit he is spinning.
He bought Stelco to raise prices of Canadian steel to make his US assets more profitable. He says it directly and through the language of Maga. That is all, now he'll nuke Canadian production to benefit his other assets.
He will rehire those employees if Canada reaches a deal with US on steel. Blackmail. Foreign threats.