OTTAWA--Algoma Steel said it would eliminate about 1,000 jobs, or about a third of its workforce, as the company shuts down production from its blast furnace and coke ovens that became financially ...
That strategic dilemma features three key challenges: poorly performing infrastructure that requires constant maintenance or ...
The recycled-content steelmaker receives loans from the Canadian and Ontario governments to help weather tariff-related hurdles. The CEO of Algoma says the financing will help it “withstand this ...
Michael Garcia, the Company's Chief Executive Officer, commented, "Our third quarter results were largely in line with our previously announced guidance as we continue to navigate a challenging steel ...
SAULT STE. MARIE, Ontario, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (ASTL) today announced the execution of binding term sheets to secure C$500 million in liquidity support, ...
Greetings, and welcome to the Algoma Steel Group, Inc. Third Quarter 2025 Earnings Call. [Operator Instructions] [Technical Difficulty] being recorded. It is now my pleasure to introduce Michael ...
NEW YORK, NY / ACCESSWIRE / February 5, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Algoma Steel Group Inc. ("Algoma" or "the Company") ...
OTTAWA--Algoma Steel said it would eliminate about 1,000 jobs, or about a third of its workforce, as the company shuts down production from its blast furnace and coke ovens that became financially ...