The Canadian steel maker said it would eliminate about a third of its workforce, as the company shuts down production from ...

Algoma Steel CEO Michael Garcia says tariffs imposed by the United States have effectively “closed off” the U.S. market, ...

Canadian steelmaker Algoma Steel Group Inc. will let go of 1,000 employees and close its blast furnace in northern Ontario ...

Algoma Steel (ASTL) -8.9% on Monday after saying it issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, ...

Algoma Steel said Monday that it plans to lay off about 1,000 workers due to impacts from tariffs imposed by U.S. President ...

The layoffs, slashing about 40% of the company’s workforce of 2,500 people, will take effect on March 23, 2026. The news led ...

The northern Ontario company said on Monday that it is closing its Sault Ste. Marie’s blast furnace and coke-making ...

The tariff will apply starting Dec. 26 to about C$10 billion ($7.1 billion) of imported products including wind towers, prefabricated buildings, fasteners and wires. It marks the first time Carney has ...

South Korea's steel manufacturers did not receive tariff relief and are hurting, as the deal with the United States excludes ...

The United States on Monday demanded that the European Union make its regulation of the tech sector more "balanced" in ...

Canada will tighten the rules on steel imports and offer more financial help for lumber producers, aiming to stem losses in ...