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.

Algoma Steel (Algoma)

Canadian producer of steel sheet and plate

algoma.com

Headquarters: Sault Ste. Marie, Canada
Founded year: 1901
Company type: Public company
Number of employees: 1,000–5,000
Industry: Iron & Steel

Last updated Today

Latest news about Algoma Steel (Algoma)

In short: Algoma pleaded guilty to legal charges, reported deep losses amid U.S. tariffs, and completed its transition to electric arc furnaces.

Company announcements

June 8 Algoma

Algoma partners with Hanwha and APMA for defence platforms

The MoU creates a fully domestic value chain for Canadian defence-grade steel production.

May 4 Algoma

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.

April 30 Algoma

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.

April 7 Algoma

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.

Media coverage

September 13 The New York Times

Trump’s Tariffs Tear at the Bond Between Twin Border Towns

A 50 percent U.S. tariff on Canadian steel is crippling a major Ontario mill, driving mass layoffs and rupturing a century of ...

September 10 CTV News

Algoma Steel pleads guilty to charges in 2022 oil spill

Algoma Steel has pleaded guilty to two federal charges related to an oil spill that sent more than a thousand litres of gear oil into...

September 8 The Motley Fool Canada

Canada Doubles Steel and Aluminum Tariffs to 50%: What it Means for Algoma Steel Investors

Higher tariffs can help a Canadian steelmaker win orders, but they don't guarantee profits, and Algoma still needs to prove the turnaround in cash flow.

August 28 IndexBox

Steel Industry News: EAF Startups, Trade Duties, and Capacity Expansions - News and Statistics - IndexBox

Press / or ⌘K anytime. ... No fast matches found. Press Enter to see full results. ... Algoma Steel has started producing steel with its...

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