Canadian steelmaker Algoma Steel has initiated layoff notices for approximately 1,000 workers at its Sault Ste. Marie facility. According to the company’s statement released to the Canadian press, the company attributed the decision to the combination of high US tariffs and long-planned structural changes linked to its move toward electric arc furnace steelmaking. The layoff notices take effect on March 23, 2026.

The decarbonization plan for the former Ilva steel plant in Taranto in southern Italy has taken a further step forward thanks to the industrial test facility hosted at the Hydra site in Castel Romano (Rome). During industry minister Adolfo Urso’s visit to the site, Italy’s low-carbon steelmaking project received a concrete signal of acceleration.

The China Iron and Steel Association (CISA) has called on local ore producers to speed up key projects as the country seeks to reduce its dependence on imports from leading mining companies, according to Bloomberg. After meeting with industry and government officials in late November, CISA Vice President Xia Nong said the association would step up efforts to ensure the stable operation of Chinese iron ore mines and promote supply-side structural reforms in the metallurgical industry.