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Algoma University Students Discuss Impact of U.S. Tariffs with Algoma Steel Leadership

(SAULT STE. MARIE, BRAMPTON, TIMMINS, ON – November 12, 2026) Algoma University students from the Master of Global Business and Economy (MGBE) program gained insight into the challenges facing Canada’s steel industry through a live case discussion with industry leaders from Algoma Steel. The interactive session brought global business perspectives into the classroom, allowing students to connect course concepts with high-profile global business issues and learn directly from industry professionals.

The Algoma Steel team shared insights into how the company is responding to U.S. steel tariffs, strengthening its domestic market presence, and adapting its business strategy amid changing global trade conditions. The discussion also highlighted the importance of diversifying Canada’s trade relationships and strengthening domestic industries to support long-term economic stability.

“Hearing directly from industry leaders provided valuable real-world context on how U.S. steel tariffs directly impact regional manufacturing and operations,” shared one student. “The discussion of government relief initiatives, such as tariff loan packages, offered a clear look at how targeted funding helps protect jobs and support long-term economic stability in our community.”

Led by Dr. William Wei, Professor in the Department of Finance, Economics, and Decision Sciences and Faculty Chair of Computer Science and Technology, the session was part of an international business series, bringing students from 12 countries together to examine real-world business challenges and explore opportunities for trade diversification.

“It was a pleasure to engage with Algoma University students and share insights into the challenges and opportunities facing Canada’s steel industry,” said Piyush Shukla, Manager of Risk, Strategy & Market Intelligence at Algoma Steel. “Collaboration between industry and academia is essential to connecting classroom learning with practical experience and helping students understand how global economic developments influence business decisions here in Northern Ontario. We appreciate the opportunity to share our experiences and support the next generation of business leaders right here in Sault Ste. Marie.”

Algoma University is committed to strengthening its longstanding relationship with the local business community and creating meaningful learning opportunities for students.

To view the pictures from the presentation, click here. 

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