Algoma Steel pauses exports of steel from Canada to US, CEO says
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Algoma Steel has temporarily halted its steel exports from Canada to the United States. This pause will last until Thursday, coinciding with a meeting between Canadian and U.S. ministers in Washington.
March 12, 2025 | 4:15 pm
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Algoma Steel has paused its steel exports to the US until Thursday, aligning with a meeting between Canadian and US ministers. This could impact short-term supply and trade dynamics.
The pause in exports is directly related to Algoma Steel's operations and could affect its short-term trade dynamics. However, the impact on stock price is uncertain as it depends on the outcomes of the upcoming meeting.
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