News & Insights

News & Insights

Algoma Press Releases, Articles, and Community News

EAF Update: EAF Duct System Complete

We’ve successfully installed the Fume Treatment Plant (FTP) stacks for our Electric Arc Furnaces (EAFs)!

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Algoma Steel Provides Fiscal Second Quarter 2024 Guidance

SAULT STE. MARIE, Ontario, Sept. 28, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal second quarter ending September 30,

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Algoma Steel Announces Results of Voting at Annual Meeting of Shareholders

SAULT STE. MARIE, Ontario, Sept. 26, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today the results of voting at its virtual annual meeting of

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Algoma Steel donates C$120,000 to support United Way’s Harvest Algoma

SAULT STE. MARIE, Ontario, Sept. 19, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that as part of its longstanding support of the United Way,

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Algoma Steel Issues Inaugural Annual ESG Report

SAULT STE. MARIE, Ontario, Sept. 12, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today issued its first annual environmental, social and governance (“ESG”)

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Algoma Steel Group to Participate in the Jefferies 2023 Industrials Conference

SAULT STE. MARIE, Ontario, Aug. 30, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that the Company will be participating in the Jefferies 2023

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Algoma Steel Group Reports Fiscal 2024 First Quarter Financial Results

First Quarter Results Ahead of Previously Announced Expectations Solid Performance from Operations Resulted in Strong Cash Flow Generation Reiterated Outlook on Transformative EAF Project with $74 Million Invested in Quarter SAULT STE. MARIE, Ontario, Aug.

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Algoma Steel to Announce Fiscal 2024 First Quarter Results August 10, 2023

SAULT STE. MARIE, Ontari, July 27, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2024 first quarter

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Algoma Steel Announces Filing of Base Shelf Prospectus

SAULT STE. MARIE, Ontario, June 21, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that it has filed a base shelf prospectus dated June 21,

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Algoma Steel Reports Fatal Incident

SAULT STE. MARIE, Ontario, June 16, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”), regrets to report a fatal incident involving an employee of a contractor who was retained to perform specialized maintenance work.

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Algoma Steel Upsizes ABL Credit Facility and Extends Maturity Date to 2028

SAULT STE. MARIE, Ontario, May 25, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has successfully upsized its senior secured asset-based revolving credit facility (“ABL Credit Facility”) from US$250 million to US$300 million and extended the term of the ABL Credit Facility to May, 2028.

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Algoma Steel Releases ESG Position Statement

SAULT STE. MARIE, Ontario, April 06, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today released its Environmental, Social, and Governance (“ESG”) Position

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Algoma Steel Provides Fiscal 2023 Fourth Quarter Guidance

SAULT STE. MARIE, Ontario, March 30, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal fourth quarter ending March 31,

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Algoma Steel Group Announces Director Resignation

SAULT STE. MARIE, Ontario, March 29, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that Brian Pratt has resigned from the Board of Directors

Algoma Steel 2024 ESG Report Covers

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2024 ESG Report

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