Algoma Steel has issued 1,000 layoff notices.

The layoff notices will be effective March 23, 2026, and are a combination of the transformation to Electric Arc Furnace steelmaking and the effect of tariffs.

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The transformation process timelines have sped up as a result of the unprecedented tariffs imposed by the United States, significantly affecting the steelmaker.

In a statement, Algoma Steel says the highly integrated North American steel market has been “significantly impacted by the unprecedented tariffs imposed by the United States” which have “fundamentally altered the competitive landscape and sharply limited our ability to access the U.S. market.”

“ As a result of these pressures, Algoma has been forced to conclude its long history as an integrated steel ma

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