Summary:
- South Korean submarine maker Hanwha has signed an agreement with Algoma Steel, a Canadian steel company, to work together on building ships and other steel products.
- This partnership will allow Hanwha to expand its business into the Canadian market and provide Algoma Steel with new opportunities to produce specialized steel for shipbuilding.
- The agreement is seen as a way for both companies to leverage their expertise and resources to develop innovative solutions in the maritime industry.