Algoma Steel Announces 1,000 Layoffs Amid US Tariff Disruption
ByAinvest
Wednesday, Dec 3, 2025 3:55 am ET1min read
ASTL--
Algoma Steel is cutting 1,000 workers, about a third of its workforce, due to hefty US tariffs making production from its blast furnace and coke ovens financially unsustainable. The company will shut down these operations.
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