Algoma Steel Applauds Return to Fair and Just Steel Trade Position

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Algoma Steel
FILE -Local MP Terry Sheehan addresses the crowd. Photo by Megan Pounder/SaultOnline

Algoma Steel Inc. congratulates the Government of Canada on the complete lift of steel tariffs imposed under Section 232 as announced Friday. This returns Canada and the US to a fair and just steel trade position within a fully integrated North American market.

Algoma Steel CEO Mike McQuade commented on Friday’s announcement, “Today’s
announcement provides our customers with the confidence that Algoma Steel remains their
partner in steel. I extend our sincere thanks to the current government, who under the leadershipof Prime Minister Trudeau and Minister Freeland have recognized the critical role of the steel industry in Canada.”

Algoma Steel will remain an active participant in the Trade Remedy Consultation process as we work alongside our Canadian steel industry partners to prevent dumped and subsidized steel and transshipments from disrupting Canadian and US markets.