Algoma Steel issued layoff notices to approximately 1,000 workers on Monday, citing US tariffs and an accelerated transition to electric arc furnace technology that will permanently end the company’s blast furnace operations more than a year ahead of schedule. The layoffs affect roughly one-third of the 2,700-person workforce at the Sault Ste. Marie plant. The … Continue reading Algoma Steel Cuts 1,000 Jobs Despite $500M Government Bailout