Algoma Steel news release…
SAULT STE. MARIE, ON – Algoma Steel Inc. congratulates the Government of Canada on the
complete lift of steel tariffs imposed under Section 232 as announced today. This returns Canada
and the US to a fair and just steel trade position within a fully integrated North American market.
Algoma Steel CEO Mike McQuade commented on today’s announcement, “Today’s
announcement provides our customers with the confidence that Algoma Steel remains their
partner in steel. I extend our sincere thanks to the current government, who under the leadership
of Prime Minister Trudeau and Minister Freeland have recognized the critical role of the steel
industry in Canada.”
Algoma Steel will remain an active participant in the Trade Remedy Consultation process as we
work alongside our Canadian steel industry partners to prevent dumped and subsidized steel and
transshipments from disrupting Canadian and US markets.

About Algoma Steel Inc.:
Based in Sault Ste. Marie, Ont., since 1901, Algoma Steel Inc. is a fully integrated steel producer
of hot and cold rolled steel products including sheet and plate. With a production capacity of an
estimated 2.8 million tons per year, Algoma Steel’s size and diverse capabilities enable it to deliver
responsive, customer driven product solutions straight from the ladle to direct applications in the
automotive, construction, energy, defense and manufacturing sectors.