10
Jan
16:58
Algoma to receive CAD 90 million financial package
The Canadian government is expected to commit to a CAD 90 million ($68m) financial package to support flat-rolled producer Algoma Steel in an effort to help the company offset the effects of American tariffs on steel, Kallanish reports.
Government funds are intended to support over 3,000 jobs at the Algoma plant in Ontario and bolster Algoma’s investment in new technologies. The company, which is Canada’s second largest steel producer, emerged i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous