Algoma Steel Not Banking on Return to US Market: CEO

Algoma Steel Not Banking on Return to US Market: CEO
A worker is shown at Algoma Steel in Sault Ste. Marie, Ontario on April 25, 2025. The Canadian Press/Sean Kilpatrick
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The head of Algoma Steel says that even if Canada reaches a deal with the United States on steel, there’s no going back to the way things were.

Chief executive Michael Garcia, who is set to retire at year-end, says a resolution would help margins but that the company would have to be cautious.