Canada steel, aluminum plants lay off workers due to US tariffs [Yahoo! Finance]
Algoma Steel Group Inc. (ASTL)
Company Research
Source: Yahoo! Finance
President Donald Trump's tariffs, according to a major union and companies. Economists warned this was only the beginning as the impact of tariffs is expected to broaden the longer they are in place. Uncertainty surrounding Trump's policies has cast a chill over Canada's economy and labour market. Trump imposed tariffs on steel and aluminum on March 12; more tariffs could be coming on April 2. Marty Warren, national director of the United Steelworkers - the largest private-sector union in North America, with more than 225,000 members in Canada - said he has heard from members that about 200 of them are already out of a job. Affected companies include Canada Metal Processing Group, which issued a February 24 press release announcing a
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ASTL
News
- Hundreds of Canadian workers in steel, aluminum sectors laid off due to U.S. tariffs [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canada steel, aluminum plants lay off workers due to US tariffs [Yahoo! Finance Canada]Yahoo! Finance Canada
- Protesters gather at U.S. consulates across the country [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canada strikes back: Ottawa boosts steel and aluminum investment to counter US tariffs [Wealth Professional (Canada)]Wealth Professional
- Algoma Steel Group Inc. (ASTL) Q3 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
ASTL
Earnings
- 3/12/25 - Miss
ASTL
Sec Filings
- 3/13/25 - Form 40-F
- 3/13/25 - Form 6-K
- 2/28/25 - Form 6-K
- ASTL's page on the SEC website