'US Steel Prices Climb to Four-Year High as Trump’s Tariffs Bite' - Bloomberg
https://www.bloomberg.com/news/articles/2026-10-16/us-steel-prices-climb-to-four-year-high-as-trump-s-tariffs-bite
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Algoma Steel shares are trading higher after President Trump said in a social media post that the U.S. and Canada reached an agreement to delay 50% import tariffs on Canadian goods for three days.
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Algoma Steel Group Inc. Provides Guidance for the Third Quarter 2026
Algoma Steel reported Q3 2026 guidance with expected steel shipments of approximately 145,000 tons and Adjusted EBITDA between negative $10-20 million. The company successfully restored full power at Lake Superior Power plant after a turbine replacement and expects first heat from EAF Unit Two in the coming days. Despite near-term headwinds from the power outage and lower shipment volumes, management expressed optimism about improved steel prices and the company's transformation progress.
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Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma" or "the Company"), a leading Canadian producer of steel plate and hot rolled sheet products, today provided guidance for its quarter ended
President Trump Says If We Don't Make Steel Ourselves, We Can't Defend Ourselves
https://www.youtube.com/watch?v=TmNee1tFImc