Steel executive warns Canadian steel has no market outside U.S.
Algoma Steel’s Chief Executive Michael Garcia says U.S. President Donald Trump’s 50 per cent tariff on Canadian steel could effectively shut the country’s producers out of their largest export market.
Algoma Steel’s Chief Executive Michael Garcia says U.S. President Donald Trump’s 50 per cent tariff on Canadian steel could effectively shut the country’s producers out of their largest export market, forcing the industry to overhaul its operations.
Garcia told the Financial Post that while Algoma still has contractual obligations to fulf…
