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 ...

SAULT STE. MARIE, Ontario, June 04, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold ...

As Algoma has been installing its EAF it has continued operating some of its BOF capacity to maintain cash flow and serve its customers. In the financial quarter ending Dec. 31, 2024, (the third ...

Algoma Steel has paused exports of steel from Canada to the United States until Thursday, when Canadian ministers are expected to meet their U.S. counterparts in Washington, CEO Michael Garcia said.

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Get an inside view of the Algoma Niagara’s day-to-day operations and the importance of its role in global trade! Manufacturing Insights Posted: April 27, 2025 | Last updated: April 27, 2025 ...

ST. CATHARINES, Ontario, January 17, 2025--Algoma Central Corporation ("Algoma" or "the Company") (TSX: ALC), a leading provider of marine transportation services, today announced that the Company ...

The Canadian producer of hot- and cold-rolled-steel products said it is currently assessing the effect of the tariffs, after President Trump reinstated a blanket 25% tariff on steel imports.