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Steam billows from a stack at the U.S. Steel Canada plant in Hamilton in this file photo taken March 4, 2009. United States Steel Corp said on Tuesday it will permanently shut down iron and steelmaking operations at its Hamilton, Ontario, mill at the end of this year.
Steam billows from a stack at the U.S. Steel Canada plant in Hamilton in this file photo taken March 4, 2009. United States Steel Corp said on Tuesday it will permanently shut down iron and steelmaking operations at its Hamilton, Ontario, mill at the end of this year.
(Mike Cassese/Reuters)

ROB Insight

What really killed Hamilton steel

United States Steel Corp.’s permanent shutdown of its steel production in Hamilton, Ont. is a dark day for Canada’s once proud steel capital. The temptation is to see this as yet another failure of Canada’s manufacturing industry to compete. Yet this decision speaks more to the dysfunctional state of the global steel industry than to Canada’s shortcomings.