The unit's wire drawing mill in Hamilton, Ontario, will be shut down permanently in the coming weeks. This comes after the U.S. hiked tariffs on steel and aluminum imports, effective June 4, for ...

Steelmaker ArcelorMittal SA is closing its wire drawing mill in Ontario, affecting 153 employees when Canada’s steel industry is grappling with the impacts of US tariffs on the metal.

Unlike POSCO and Hyundai Steel, which have blast furnaces capable of producing 3-millimeter steel plates, Dongkuk Steel, SeAH Steel and KG Steel are concerned about potential cost hikes, as they ...