The Sault Ste. Marie, Ontario, company has moved to cut about 1,000 jobs, roughly one third of its workforce as its shutters operations that became financially unsustainable under the tariffs the U.S.

One of 1,000 employees losing their jobs in Sault Ste. Marie this March, Algoma Steel worker Mayurkumar Lad says his ...

Mayor Matthew Shoemaker has penned a letter to the federal transport minister inviting him to Sault Ste. Marie to discuss the ...

Total steel shipments for the quarter are expected to be in the range of 375,000 to 380,000 tons and Adjusted EBITDA is expected to be in the range of negative $95 million to negative $105 million.

The recycled-content steel producer’s CEO says the company’s strategy is “aligned with Canada’s national interest.” ...

Algoma Steel (ASTL) -3.8% in Friday's trading as Jefferies initiated coverage with a Hold rating and C$6 price target, saying ...

More to the point, Algoma has yet to reach a break-even EBITDA point, and its plan to do so involves shutting down its ...

U.S. Steel’s lawsuit accusing a Canadian company of refusing to pay for millions of tons of iron ore pellets is heading to ...

SAULT STE. MARIE, Ontario, July 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel ...

ALGOMA, Wis. (WLUK) -- A shipwreck submerged in Lake Michigan near the city of Algoma is now listed in the State Register of Historic Places. The Margaret A. Muir schooner was built in Manitowoc in ...