06:21:57 EDT Mon 07 Jul 2025
Enter Symbol
or Name
USA
CA



Algoma Steel Group Inc
Symbol ASTL
Shares Issued 104,883,802
Close 2025-03-24 C$ 8.94
Market Cap C$ 937,661,190
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Globe says Algoma Steel supporters yell "Elbows up!"

2025-03-25 07:28 ET - In the News

The Globe and Mail reports in its Tuesday edition that Carol McLean drove eight hours to Toronto to join one of Monday's protests at U.S. consulates across Canada, partly because American tariffs directly affect her hometown. A four-bylined item led by Frederik Xavier says Sault Ste. Marie, Ont., is home to Algoma Steel, which laid off some workers earlier this month in response to U.S. President Donald Trump's tariffs on Canadian steel. "Things are tense back home," Ms. McLean said, huddling from the rain beneath a poncho spotted with red maple leaves. "Coming here may or may not make a difference, but at least I did everything I could." Hundreds attended Monday's nationwide protests against Mr. Trump and his threats to Canada's sovereignty and economy. The demonstrations were organized on-line by True North HQ, a grassroots movement formed last month. Mr. Trump's trade war with Canada and calls to make it the 51st U.S. state have upended the political climate in this country. NDP MP Charlie Angus led the Toronto crowd in chants of "elbows up," and said he's heard from friends all over the world expressing admiration for Canada's resistance to Mr. Trump. "We will never, ever be the 51st state," he said.

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