Tariff-hit industries struggling as trade war drags into second year [Investment Executive - News]
Algoma Steel Group Inc. (ASTL)
Company Research
Source: Investment Executive - News
From rolled steel to kitchen cabinets, Canadian businesses hit by targeted U.S. tariffs are struggling to respond as the trade war drags into its second year. 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, b
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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 [BNN Bloomberg (Canada)]BNN Bloomberg
- Tariff-hit industries struggling as trade war drags into second year [Yahoo! Finance Canada]Yahoo! Finance Canada
- 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