Tariff-hit industries struggling as trade war drags into second year [Yahoo! Finance Canada]
Algoma Steel Group Inc. (ASTL)
Company Research
Source: Yahoo! Finance Canada
While most exports continue to flow tariff-free under the Canada-U.S.-Mexico trade agreement, industries like metal production, lumber and automobiles continue to face steep duties more than a year after U.S. President Donald Trump upended the global status quo. Companies have cut staff, pulled back on production and pushed for government action as the heavy duties continue to shake the crucial and long-standing trade relationship with the U.S. Take Daniel Drapeau, CEO of Quebec-based custom cabinet maker Miralis. His company has invested $43 million since 2022 as it built two plants, with plenty of automation to boost productivity, but like so many others in the industry, it's now operating well below capacity. The problem, like with other sectors hit by the Section 232 tariffs, is not only the loss of the U.S. market, but that all the other countries blocked from the world's largest economy are also looking for buyers, leading many to try and sell more into Canada. “We were r
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ASTL
News
- Tariff-hit industries struggling as trade war drags into second year [Advisor.ca (Canada)]Advisor.ca
- Tariff-hit industries struggling as trade war drags into second year [Investment Executive - News]Investment Executive - News
- Tariff-hit industries struggling as trade war drags into second year [BNN Bloomberg (Canada)]BNN Bloomberg
- One year later: Canadian steel producers desperate for Trump tariff relief [BNN Bloomberg (Canada)]BNN Bloomberg
- Algoma Steel Group Inc (ASTL) Q4 2025 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
ASTL
Earnings
- 3/11/26 - Miss
ASTL
Sec Filings
- 3/12/26 - Form 6-K
- 3/12/26 - Form 40-F
- 2/27/26 - Form 6-K
- ASTL's page on the SEC website