Canadian steel and aluminum suffer Trump’s ire while mining sector spared for now [Globe and Mail, The (Toronto, Canada)]
Algoma Steel Group Inc. (ASTL)
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Source: Globe and Mail, The
Log in or create a free account to listen to this article. Much of Canada’s mining sector is breathing easier, after U.S. President Donald Trump largely spared it from new reciprocal tariffs, while the domestic steel and aluminum industries continue to face his wrath. Mr. Trump on Wednesday signed an executive order that will levy 25-per-cent tariffs on Canadian imports that aren’t compliant with the U.S.-Mexico-Canada Agreement. Energy, potash and U.S. classified critical minerals imports that don’t comply will be subject to a 10-per-cent levy. Non-USMCA-compliant goods, however, represent only a small proportion of Canada’s trade with its biggest trading partner. For most Canadian goods that are USMCA-compliant, Mr. Trump didn’t impose any new import tariffs, effectively sparing broad swaths of the Canadian economy for now, including the mining sector. “The sky didn’t fall today,” Pierre Gratton, president of the Mining Association of Canada, said in an interview. “I think the
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ASTL
News
- Canada plow-maker can't clear path through Trump tariffs [BNN Bloomberg (Canada)]BNN Bloomberg
- Canada plow-maker can't clear path through Trump tariffs [Yahoo! Finance]Yahoo! Finance
- Securing Arctic sovereignty [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- United Steelworkers & CSTEC launch Steelworker POWER Action Centre in Sault Ste. Marie [Canadian Business Journal (Canada)]Canadian Business Journal
- Jobs minister says Algoma Steel loan about ‘saving the furniture' [BNN Bloomberg (Canada)]BNN Bloomberg
ASTL
Earnings
- 10/29/25 - Miss
ASTL
Sec Filings
- 12/2/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/20/25 - Form SCHEDULE
- ASTL's page on the SEC website