improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article includes a list of references but its sources remain unclear because it has insufficient inline citations . please help to improve this article by introducing more precise citations . october 2013 learn how and when to remove this template message this article s lead section may not adequately summarize key points of its contents . please consider expanding the lead to provide an accessible overview of all important aspects of the article . please discuss this issue on the article s talk page . october 2013 this article may need to be rewritten entirely to comply with wikipedia s quality standards . you can help . the discussion page may contain suggestions . october 2013 learn how and when to remove this template message u.s. steel canada type subsidiary industry steel milling founded 1910 as steel company of canada stelco founder charles s. wilcox headquarters hamilton ontario nanticoke ontario area served worldwide key people mike mcquade president us steel canada products hot rolled steel cold rolled steel galvanized steel sheet special bar quality green steel ore mining number of employees 2 000 website us steel canada us steel canada formerly stelco is a steel company based in hamilton ontario canada . stelco was founded in 1910 from several smaller firms . it continued on for almost 100 years until it filed for bankruptcy in 2007 and was bought by u.s. steel . the hamilton plant has not produced steel since 2011 but its coke ovens and cold rolling finishing works remain in operation . contents 1 history 2 environmental impact 3 operations 4 references 5 external links history edit the steel company of canada was established in 1910 . it was founded after the merging of the hamilton steel and iron company 1900 with the canada screw company 1866 montreal rolling mills 1868 the dominion wire manufacturing company 1883 and the canada bolt and nut company . 1 2 3 charles s. wilcox president of the hamilton steel and iron company at the time of the consolidation was appointed the first president of stelco . he held the position until 1916 continuing on with the company as chairman of the board until his death in 1938 . 4 hamilton waterfront trail stelco in background several union drives at the plant were unsuccessful until the founding strike of local 1005 of the united steelworkers of america in 1946 . in 2004 stelco had financial difficulties and went under court ordered protection from its creditors including the deutsche bank . stelco exited ccaa protection on march 31 2006 . 5 it has divested itself of several non core operations including stelwire norambar formerly stelco mcmaster works and welland pipe . the ccaa exit has seen the remaining operations restructured into 9 separate operating businesses held by the corporate entity of stelco . on august 27 2007 us steel purchased stelco for 1.9 billion 1.1 billion in cash and assuming 800 million in debt . the company has since been renamed hamilton works us steel canada . the deal closed effective october 31 2007 . the company was renamed u. s. steel canada inc. and its shares were delisted from the toronto stock exchange . in an effort to streamline operations u.s. steel announced on march 3 2009 that it would be temporarily shutting down its hamilton plant and most of its lake erie plant putting more than 2 000 people out of work . this announcement came 4 months after u.s. steel laid off 700 employees at the hamilton plant when it shut down its blast furnace . 6 market conditions and declining customer orders prompted us steel to shut down the hamilton works on october 1 2010 . 7 100 jobs were restored when the german max aicher steel company bought two steel mills from us steel and opened them as max aicher north america . 8 more jobs are expected to be created when the mills are in full production . 8 the hamilton steel making and iron making operations were permanently closed on december 31 2013 . 9 on september 16 2014 us steel canada has announced that it would apply for court protection from its creditors . 10 us steel then stated that it intended to sell all of its remaining operations in hamilton in the next two months . 11 environmental impact edit many of its main buildings in the north end of hamilton are built on reclaimed or infilled land which harmed the drainage of hamilton and the water ecology of hamilton harbour citation needed . operations edit in addition to the main hilton works named after the late company president hugh hilton and the lake erie works in nanticoke on lake erie until the 2006 restructuring stelco s operations also included stelco mcmaster works in contrec ur quebec and stelwire both acquired by arcelormittal in 2006 . the nanticoke plant was notable because it is of a relatively modern design and uses far less water . us steel canada currently operates the facilities in nanticoke and hamilton . stelco tower associated with lloyd d. jackson square in downtown hamilton has been an office building for the company and others since the 1970s but has now been completely vacated by stelco and renamed to 100 king st. west . references edit this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . february 2008 learn how and when to remove this template message sawyer deborah c. 7 february 2006 . stelco inc . www.thecanadianencyclopedia.ca . historica canada . retrieved 14 june 2016 . watson thomas 7 april 2011 . the ode stelco 1910 2010 . canadian business journal . retrieved 14 june 2016 . stelco timeline a story of booms busts and back again . hamilton spectator . 27 august 2007 . retrieved 14 june 2016 . namesakes wilcox street . hamilton spectator . 19 july 2013 . retrieved 14 june 2016 . stelco s path to takeover . toronto star . 26 december 2012 . retrieved 14 june 2016 . powell naomi march 4 2009 . stelco s hamilton and lake erie plants idled . the star . toronto . retrieved 2009 03 04 . blast furnace shut down again . a b german buyer firing up two shuttered u.s. steel mills thespec.com reuters 2013 10 29 . u.s. steel to close hamilton operations . the toronto star . archived from the original on 2013 10 29 . retrieved 2013 10 29 . 1 2 external links edit hamilton steel photos from the stelco steel mill lake erie steel hamilton coke lake erie coke hamilton energy lake erie energy hamilton land lake erie land hle mining v t e hamilton ontario features flag notable hamiltonians history 1930 british empire games auchmar bank of hamilton battlefield house battle of stoney creek dundurn castle george hamilton grand lodge of canada hamilton tigers nhl hmcs haida list of national historic sites list of royal visits studebaker canada tim hortons thomas mcquesten timeline of events toronto hamilton and buffalo railway uss hamilton uss scourge war of 1812 whitehern geography 100 waterfalls of hamilton bruce trail cootes paradise desjardins canal golden horseshoe hamilton harbour lake ontario niagara escarpment royal botanical gardens spencer gorge webster s falls conservation area twenty mile creek communities ainslie wood ancaster dundas flamborough glanbrook lynden stoney creek economy arcelor mittal dofasco economic history film industry in hamilton hamilton health sciences head offices in hamilton list of tallest buildings in hamilton u.s. steel stelco politics hamilton city hall hamilton ontario city council list of hamilton mayors public services city of hamilton ems hamilton police service hospitals chedoke hospital hamilton general hospital juravinski cancer centre juravinski hospital mcmaster children s hospital mcmaster university medical centre st. joseph s healthcare hamilton s charlton st. joseph s healthcare hamilton s west 5th st. peter s hospital education hamilton public library hamilton wentworth catholic district school board hamilton wentworth district school board hillfield strathallan college columbia international college mcmaster divinity college mcmaster university mohawk college redeemer university college hamilton literacy council culture african lion safari around the bay road race art gallery of hamilton canadian football hall of fame canadian warplane heritage museum dundas cactus festival hamilton bulldogs hamilton tiger cats labour day classic list of attractions in hamilton media in hamilton power play tv series sports in hamilton supercrawl sports venues in hamilton transportation go transit hamilton go west harbour go confederation go hamilton street railway blast network b line a line t line john c. munro hamilton international airport list of streets in hamilton the hamilton portal retrieved from https en.wikipedia.org w index.php title stelco & oldid 741974385 categories steel companies of canadacompanies established in 1910companies based in hamilton ontariocanadian subsidiaries of foreign companiescompanies that have filed for bankruptcy in canadahidden categories articles lacking in text citations from october 2013all articles lacking in text citationswikipedia introduction cleanup from october 2013all pages needing cleanuparticles covered by wikiproject wikify from october 2013all articles covered by wikiproject wikifywikipedia articles needing rewrite from october 2013all articles with unsourced statementsarticles with unsourced statements from september 2016articles needing additional references from february 2008all articles needing additional references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated 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