SAULT STE. MARIE, Ontario, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma” or the “Company”) (NASDAQ: ASTL; TSX: ASTL) today announced the execution of binding term sheets to ...
Algoma Steel Group Inc. faced challenges in FY 2024 due to weak steel prices and a structural corridor failure, impacting financial performance. Despite challenges, Algoma Steel reported profitability ...
Work on dismantling the former self-unloading bulk carrier Algoma Enterprise continues at Marine Recycling Corp. on the south end of the Welland Canal in Port Colborne. The 222.5-metre-long vessel was ...
The re-emergence of iconic Canadian steel manufacturer Algoma Steel as a publicly traded company in the coming months is the result of using a Special Purpose Acquisition Corporation vehicle that is ...
Ontario-based Algoma Steel Group Inc. will receive $500 million in federal and provincial loan assistance to help reorient its business to cope with the impact of U.S. tariffs. Ottawa’s $400 million ...
Morning: Algoma Enterprise arriving to load iron ore pellets. Walter J. McCarthy arriving to load coal. H. Lee White arriving to load iron ore pellets. Evening: Algoma Enterprise departing with iron ...
A sign for Algoma Steel Inc., the second largest steel producer in Canada, seen in Sault Ste. Marie, Ont., Friday, July 25, 2025. THE CANADIAN PRESS/Nick Iwanyshyn OTTAWA — Algoma Steel Group Inc. is ...
OTTAWA — Algoma Steel Group Inc. is set to receive half a billion dollars in government loans to help it reorient its business away from the United States as the federal government argues supporting ...