The Globe and Mail reports in its Friday edition that Stelco workers in Hamilton are set to receive profit-sharing cheques of more than $1,000 apiece for the latest quarter, even as U.S. parent Cleveland-Cliffs asserts the plant's galvanized-steel business isn't making money. The Globe's Niall McGee writes that on Sept. 28, Stelco said it was cutting hundreds of jobs in Canada, in large part because its steel business in Hamilton wasn't profitable. So far, 175 people have been laid off. Ron Wells, president of United Steelworkers Local 1005, questioned why workers were laid off given that they are not only receiving bonus cheques, but the amounts are substantially higher than a year ago. Since the third quarter of 2025, Stelco's Hamilton employees have been consistently receiving bonuses, Mr. Wells said, with workers earning on average $3,400 apiece in the fourth quarter of 2025, $1,300 in the first quarter of 2026 and $900 in the second quarter. Earlier this month, Jim Ritchie, owner of Cascadia Metals Ltd., a former buyer of coated steel from Stelco, told The Globe that the galvanized market is booming. "Cleveland-Cliffs comes out and says it's not economical to make galvanized steel in Canada. What a joke," he said.