Algoma CEO says Ottawa’s new foreign steel import quotas fall far short of what is needed during trade war

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Open this photo in gallery: Sault Ste. Marie, Ont.-based Algoma Steel has been trying to win more business at home, but years of cheap foreign steel imports have made it harder for the company.Sean Kilpatrick/The Canadian Press Algoma Steel Group Inc. ASTL-T chief executive Michael Garcia says the federal government’s quotas around foreign imports of the metal fall far short of what is needed during a vicious trade war with the United States. Mr. Trump in early June doubled tariffs on almost all the U.S’s foreign steel imports to 50 per cent, a level that makes it virtually impossible for...