Algoma Steel secures C$500M liquidity support from Canada, Ontario governments
Sep. 29, 2025 9:49 AM ETAlgoma Steel Group Inc. (ASTL) StockBy: Carl Surran, SA News Editor
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Algoma Steel (NASDAQ:ASTL) +10.3% in early trading Monday after Canada’s federal government and the Ontario provincial government announced commitments for a combined C$500 million of financing to help provide financial flexibility in the current environment of trade uncertainty.
The loan
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