Latest Algoma Steel News & Updates
See the latest news and media coverage for Algoma. We track all announcements, press releases, and industry mentions in real time, all in one place.
Canadian integrated steel sheet and plate producer
algoma.com- Headquarters
- Sault Ste. Marie, Canada
- Founded year
- 1901
- Company type
- Public company
- Number of employees
- 1,000–5,000
Last updated
Latest news about Algoma Steel (Algoma)
In short: Algoma completed its transition to electric arc furnace steelmaking while facing significant financial losses, layoffs, and trade-related tariffs.
Company announcements
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Algoma welcomes Canada's $1.5 billion support for tariff-impacted industries
The funding aids steel competitiveness, supply chain, and jobs. Algoma thanks the government and anticipates collaboration for sustainable steel.
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Algoma Steel announces Q1 2026 results release
The webcast and conference call occur on May 13 at 11:00 a.m. ET to review results and developments.
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Algoma forms Roshel Algoma Defence joint venture
The partnership with Roshel establishes a Canadian Centre of Excellence for ballistic steel production, supporting defence procurements and creating jobs.
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Algoma Steel shares Q1 2026 guidance
The guidance is available via a provided link.
Media coverage
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Earnings Preview: Algoma Steel Group Inc. (ASTL) Q1 Earnings Expected to Decline
Legato Merger (ASTL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with...
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Algoma Steel Group Inc. to Announce 2026 First Quarter Results May 12, 2026
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) ("Algoma" or "the Company"), a leading Canadian producer of steel plate and hot rolled sheet products, announced...
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Rise in domestic violence calls since Algoma Steel layoffs started: police
Financial stress tied to job losses is showing up in police dispatches and crisis lines, speakers told an Algoma U audience on Tuesday...
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Ontario Invests $500,000 to Shield Sault Ste. Marie Workers from U.S. Tariff Pressures
Provincial funding targets economic resilience and export diversification in Northern Ontario By Canadian Business Desk The Ontario government is...
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