Major Canadian steelmaker to lay off around 1,000 workers amid U.S. tariff pressure

NAMPA / Xinhua

2025-12-02

OTTAWA, Dec. 1 (Xinhua) -- Algoma Steel, one of Canada's largest steel producers, on Monday said it will lay off approximately 1,000 workers due to severe financial pressure from "unprecedented" U.S. tariffs, local media reported. The company, based in Ontario province's Sault Ste. Marie, is one of the country's top integrated steel producers and a major regional employer with a workforce of around 2,700 people, with the layoffs representing m......

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