SAULT STE. MARIE, ON – Algoma Steel Inc. congratulates the Government of Canada on the complete lift of steel tariffs imposed under Section 232 as announced today. 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 today’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 leadership of 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.
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About Algoma Steel Inc.:
Based in Sault Ste. Marie, Ont., since 1901, Algoma Steel Inc. is a fully integrated steel producer of hot and cold rolled steel products including sheet and plate. With a production capacity of an estimated 2.8 million tons per year, Algoma Steel’s size and diverse capabilities enable it to deliver responsive, customer driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense and manufacturing sectors.
For more information, please call
Brenda Stenta
Manager Communications & Branding
Algoma Steel Inc.
Phone: +1.705.945.2209
E-mail: [email protected]