The existing U.S. tariff has already caused considerable damage to Algoma. The percentage of its revenue coming from the U.S. has fallen to 50 per cent from as high as 65 per cent. A doubling of the ...

Years of cheap foreign steel imports have made it harder for the company to compete in the Canadian market, says CEO ...

With U.S. President Donald Trump's tariffs on steel and aluminum now doubled, Canadian steel businesses and industry leaders ...

Zekelman has long beaten the drum about the Chinese dumping steel into Canada. The federal government has put a 25 per cent ...

Steel stocks, including Steel Dynamics (STLD), Cleveland Cliffs (CLF), and Nucor Corp (NUE), are surging after President Trump moved to double tariffs on imported steel and aluminum starting June 4.

A worker is shown at the Algoma Steel plant in Sault Ste. Marie, Ont., in April. With U.S. President Donald Trump's tariffs on steel and aluminum now doubled, Canadian steel businesses and industry ...

A worker is shown at the Algoma Steel plant in Sault Ste. Marie, Ont., in April. With U.S. President Donald Trump's tariffs on steel and aluminum now doubled, Canadian steel businesses and ...

A Retrospective View will be on view July 4 to Aug. 3 at Robert Ray Gallery, 520 Parkway St. in Algoma. An opening reception ...

The most accurate UV Index for Algoma Mills, Ontario. Get UV levels and forecast for Algoma Mills, ON along with recommended actions ...

“I’ll be in Ottawa next – block the crap out and let Canadian steel mills supply the Canadian market.” He said in 2024 Canada imported 3.2 million tonnes of various steel products from ...

In March, when the first 25-per-cent tariff was imposed on Canadian steel by the U.S., Algoma Steel curbed discretionary spending and worked with its customer base, likely resulting in price increases ...