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

Algoma Steel expects to report another loss in its upcoming fourth-quarter results. The loss is expected to range between $95 ...

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

Algoma Steel is the biggest employer in Sault Ste. Marie, Ont., and it’s about to lay off more than 1,000 workers. For The ...

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

Algoma Steel said it will lay off 1,000 workers and close its blast furnace and coke operations in Sault Ste. Marie in the coming months due to U.S. tariffs. The company reported a 13% sales drop and ...

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.

Algoma Steel's decision to eliminate roughly 1,000 jobs is more than a corporate restructuring, it is a stark example of how trade policy can ripple through a local economy and upend working lives.

Algoma Steel (NASDAQ:ASTL) +3.1% in Monday's trading after issuing guidance for FQ4 ending March 31 total steel shipments of 445K-460K tons and adjusted EBITDA of $30M-$40M. Algoma (ASTL) said it ...

SAULT STE. MARIE, Ontario, Oct. 20, 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 ...