"Algoma Steel getting $500M in government loans to shift production from U.S."

"Ontario-based Algoma Steel Group Inc. will receive $500 million in federal and provincial loan assistance to help reorient its business to cope with the impact of U.S. tariffs. The loans are to help Algoma Steel continue operations, limit disruptions to its workforce and move to a business model that isn't as reliant on the U.S...” (Craig Lord, 2025)

 

 

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Lord, Craig. (2025, September 30th) Algoma Steel getting $500M in government loans to shift production from U.S. Available from Link2Build Ontario: https://www.link2build.ca/news/articles/2025/september/algoma-steel-getting-500m-in-government-loans-to-shift-production-from-u-s/

 

 

 

 

 

 

 


Published on October 2, 2025