Algoma Steel Inc.

Algoma Steel Inc. company information, Employees & Contact Information

(NASDAQ: ASTL; TSX: ASTL) At Algoma, we are driven by a strong purpose to build better lives and a greener future. We believe in the power of steel to add value to all aspects of our life. We work in partnership with our customers - the great innovators, developers and builders of today- to improve how we live, work, move and grow together. We make strong steel that lasts, offering North America the comfort of a secure steel supply. Based in Sault Ste. Marie, Ontario, Algoma is a producer of hot and cold rolled steel sheet and plate products. With a raw steel production capacity of an estimated 2.8 million tons per year, Algoma’s diverse capabilities enable us to deliver customer-driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier to customers across North America and is the only producer of plate steel products in Canada. Our state-of-the-art Direct Strip Production Complex, where we transform liquid steel to a finished coil in about 30 minutes using 40% less energy than a conventional mill, positions us among the lowest-cost producers of hot rolled sheet steel in North America. Our quality products meet international performance standards for manufacturing, automotive, construction, mining, energy, ship, rail and military applications. Algoma is on a transformational journey, modernizing our plate mill and adopting electric arc technology that builds on the strong principles of recycling and environmental stewardship, to significantly lower carbon emissions. We are a founding industry and the largest employer in our community. We want the benefits of our steel to endure for generations. We are working safely, as a team to become one of North America's leading producers of green steel, drawing on the best of our rich steelmaking tradition to deliver greater value to our people, customers, investors, communities, and the world around us.

Company Details

Employees
1.09K
Founded
-
Address
105 West Street, Sault Ste. Marie,ontario P6a 7b4,canada
Phone
1-705-945-2351
Industry
Mining
NAICS
Mining (except Oil and Gas)
Website
algoma.com
HQ
Sault Ste. Marie, Ontario
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News

Algoma Steel Group Inc. to Announce Third Quarter 2025 Financial Results and Host Conference Call - Quiver Quantitative

Algoma Steel Group Inc. to Announce Third Quarter 2025 Financial Results and Host Conference Call Quiver Quantitative

Algoma Steel Group Inc. to Announce 2025 Third Quarter Results October 29, 2025 - GlobeNewswire

Algoma Steel Group Inc. to Announce 2025 Third Quarter Results October 29, 2025 GlobeNewswire

Algoma Steel Secures C$500 Million Liquidity Support from Governments of Canada and Ontario - Yahoo Finance

Algoma Steel Secures C$500 Million Liquidity Support from Governments of Canada and Ontario Yahoo Finance

C$500M Government Lifeline: Algoma Steel's Major Transformation from Blast Furnace to Green EAF Tech - Stock Titan

C$500M Government Lifeline: Algoma Steel's Major Transformation from Blast Furnace to Green EAF Tech Stock Titan

Algoma Steel Group Inc. Reports Financial Results for the Second Quarter 2025 - Yahoo Finance

Algoma Steel Group Inc. Reports Financial Results for the Second Quarter 2025 Yahoo Finance

Algoma Steel Faces $35M EBITDA Loss as Electric Arc Furnace Launch Marks Green Steel Future - Stock Titan

Algoma Steel Faces $35M EBITDA Loss as Electric Arc Furnace Launch Marks Green Steel Future Stock Titan

Algoma Steel releases 2024 Sustainability Report - plant.ca

Algoma Steel releases 2024 Sustainability Report plant.ca

Algoma Steel Provides Guidance for the Third Quarter 2025 and Announces Board Update - GlobeNewswire

Algoma Steel Provides Guidance for the Third Quarter 2025 and Announces Board Update GlobeNewswire

Algoma Steel Announces Conference Call and Provides Guidance for the Second Quarter 2025 - Yahoo Finance

Algoma Steel Announces Conference Call and Provides Guidance for the Second Quarter 2025 Yahoo Finance

Algoma Steel Reveals Massive Green Transformation: 70% Carbon Reduction in Breakthrough Sustainability Report - Stock Titan

Algoma Steel Reveals Massive Green Transformation: 70% Carbon Reduction in Breakthrough Sustainability Report Stock Titan

Algoma Steel Pursues $500M Federal Aid as 50% US Tariffs Strain Canadian Steel Giant - Stock Titan

Algoma Steel Pursues $500M Federal Aid as 50% US Tariffs Strain Canadian Steel Giant Stock Titan

Algoma Steel Group Inc. Increases Asset-Based Revolving Credit Facility from US$300 Million to US$375 Million - Quiver Quantitative

Algoma Steel Group Inc. Increases Asset-Based Revolving Credit Facility from US$300 Million to US$375 Million Quiver Quantitative

Algoma Steel Group Inc. Provides Q3 2025 Shipment and Financial Guidance Amid Board Changes - Quiver Quantitative

Algoma Steel Group Inc. Provides Q3 2025 Shipment and Financial Guidance Amid Board Changes Quiver Quantitative

Algoma Steel Group Inc. Releases 2024 Sustainability Report Highlighting Commitment to Low-Carbon Steel Production - Nasdaq

Algoma Steel Group Inc. Releases 2024 Sustainability Report Highlighting Commitment to Low-Carbon Steel Production Nasdaq

Algoma Steel Inc. Announces Strong First Quarter Results; Parent Company Expected to Become Public in 2021 - PR Newswire

Algoma Steel Inc. Announces Strong First Quarter Results; Parent Company Expected to Become Public in 2021 PR Newswire

Algoma Steel Group Reports Financial Results for the First Quarter 2025 - Yahoo Finance

Algoma Steel Group Reports Financial Results for the First Quarter 2025 Yahoo Finance

Algoma Steel Announces Upsizing of Asset-Based Revolving Credit Facility - Yahoo Finance

Algoma Steel Announces Upsizing of Asset-Based Revolving Credit Facility Yahoo Finance

Algoma Steel Inc. Reports Strengthening Financial Position for the year ended March 31, 2021 - PR Newswire

Algoma Steel Inc. Reports Strengthening Financial Position for the year ended March 31, 2021 PR Newswire

$375M Credit Line: Algoma Steel Boosts Financial Flexibility Amid Steel Market Challenges - Stock Titan

$375M Credit Line: Algoma Steel Boosts Financial Flexibility Amid Steel Market Challenges Stock Titan

Algoma Steel Group Inc. Achieves First Production Milestone at New Electric Arc Furnace Project - Nasdaq

Algoma Steel Group Inc. Achieves First Production Milestone at New Electric Arc Furnace Project Nasdaq

Annual Meeting Results: Algoma Steel Secures 97% Average Approval for Board Nominees - Stock Titan

Annual Meeting Results: Algoma Steel Secures 97% Average Approval for Board Nominees Stock Titan

Algoma Steel - Manufacturing Today

Algoma Steel Manufacturing Today

Algoma Steel Group to Participate at the Stifel Canada’s 3rd Annual Summer Solstice Conference - Yahoo Finance

Algoma Steel Group to Participate at the Stifel Canada’s 3rd Annual Summer Solstice Conference Yahoo Finance

Algoma Steel Launches Volta Green Steel Brand as New Electric Arc Furnace Slashes Emissions by 70% - Stock Titan

Algoma Steel Launches Volta Green Steel Brand as New Electric Arc Furnace Slashes Emissions by 70% Stock Titan

Algoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029 - Yahoo Finance

Algoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029 Yahoo Finance

Earnings call transcript: Algoma Steel’s Q2 2025 sees EPS miss, stock drops - Investing.com

Earnings call transcript: Algoma Steel’s Q2 2025 sees EPS miss, stock drops Investing.com

Algoma Steel Provides Fiscal Third Quarter 2023 Guidance - GlobeNewswire

Algoma Steel Provides Fiscal Third Quarter 2023 Guidance GlobeNewswire

Algoma Steel Forecasts Q4 Loss, But EAF Project Advances Toward Green Steel Future - Stock Titan

Algoma Steel Forecasts Q4 Loss, But EAF Project Advances Toward Green Steel Future Stock Titan

Algoma Steel brass rake in millions of dollars in bonuses - SooToday.com

Algoma Steel brass rake in millions of dollars in bonuses SooToday.com

Earnings call transcript: Algoma Steel Q4 2024 reports loss amid market challenges - Investing.com

Earnings call transcript: Algoma Steel Q4 2024 reports loss amid market challenges Investing.com

Algoma Steel Announces Final Investment Decision for Electric Arc Steelmaking - Aluminium International Today

Algoma Steel Announces Final Investment Decision for Electric Arc Steelmaking Aluminium International Today

Algoma Steel Provides Fiscal Second Quarter 2024 Guidance - Stock Titan

Algoma Steel Provides Fiscal Second Quarter 2024 Guidance Stock Titan

Algoma Steel requesting up to $600 million from feds - SooToday.com

Algoma Steel requesting up to $600 million from feds SooToday.com

TransPod, Algoma Steel, and Supreme Steel Partner to Build Canada's First Ultra-High-Speed TransPod Line Between Calgary and Edmonton - PR Newswire Canada

TransPod, Algoma Steel, and Supreme Steel Partner to Build Canada's First Ultra-High-Speed TransPod Line Between Calgary and Edmonton PR Newswire Canada

Algoma Steel Group Inc (ASTL-WT-T) Profile - The Globe and Mail

Algoma Steel Group Inc (ASTL-WT-T) Profile The Globe and Mail

Algoma Steel braces for layoffs, quarterly loss up to $90 million - SooToday.com

Algoma Steel braces for layoffs, quarterly loss up to $90 million SooToday.com

Algoma Steel consulting with the government over Trump’s new tariff - SooToday.com

Algoma Steel consulting with the government over Trump’s new tariff SooToday.com

ASTL Stock Price and Chart — NASDAQ:ASTL - TradingView

ASTL Stock Price and Chart — NASDAQ:ASTL TradingView

Algoma Steel Group Inc (ASTL-T) Profile - The Globe and Mail

Algoma Steel Group Inc (ASTL-T) Profile The Globe and Mail

Mayor pushes steel mill to scale back Port of Algoma project - SooToday.com

Mayor pushes steel mill to scale back Port of Algoma project SooToday.com

Algoma Steel closes deal to finance electric arc transformation - SooToday.com

Algoma Steel closes deal to finance electric arc transformation SooToday.com

EAF on time and on budget: CEO Michael Garcia - Sault Star

EAF on time and on budget: CEO Michael Garcia Sault Star

Algoma Steel to close #7 coke battery this summer - SooToday.com

Algoma Steel to close #7 coke battery this summer SooToday.com

Government of Canada Endorses Algoma Steel's Transformation Plan for Green Steel - PR Newswire Canada

Government of Canada Endorses Algoma Steel's Transformation Plan for Green Steel PR Newswire Canada

Lac des Mille Lacs - ArcGIS StoryMaps

Lac des Mille Lacs ArcGIS StoryMaps

Steel plant hiring 63 workers - SooToday.com

Steel plant hiring 63 workers SooToday.com

Algoma steel plant hiring in the Sault - Northern Ontario Business

Algoma steel plant hiring in the Sault Northern Ontario Business

Noront Signs Agreements with Algoma Steel and Hatch Ltd. - NetNewsLedger

Noront Signs Agreements with Algoma Steel and Hatch Ltd. NetNewsLedger

22nd Annual Algoma University Student Awards Tonight - Sault Ste. Marie News - SooToday.com

22nd Annual Algoma University Student Awards Tonight - Sault Ste. Marie News SooToday.com

Algoma Steel gets back into apprenticeship training - SooToday.com

Algoma Steel gets back into apprenticeship training SooToday.com

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