News & Insights

SAULT STE. MARIE, Ontario, Aug. 23, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) and United Steelworkers Local Union 2251 (“2251”), the union representing Algoma’s hourly employees, announced today that the parties have reached a tentative

Operations Continue in Ordinary Course during Voting Process SAULT STE. MARIE, Ontario, Aug. 12, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that United Steelworkers Local 2251 (“2251” or the “Union”) have agreed to take the

Iron and Steelmaking Operations Continue Normal Course SAULT STE. MARIE, Ontario, Aug. 09, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that a fire occurred on August 7, 2022, on one of its coal conveyors that supplies coal

USW Local 2251 Refuses to Take it to a Vote SAULT STE. MARIE, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Company has submitted a revised best and final Collective Bargaining Agreement (“CBA”)

Solid Revenue, Operational and Free Cash Flow Performance Electric Arc Furnace Construction Advancing as Planned Repurchased US$400 Million Common Shares (~28% of Outstanding) Through Substantial Issuer Bid in July SAULT STE. MARIE, Ontario, Aug. 03, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc.

SAULT STE. MARIE, Ontario, Aug. 02, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ, TSX: ASTL) (“Algoma” or the “Corporation”) today announced the final results of its substantial issuer bid (the “Offer”) under which it has purchased for cancellation 41,025,641 of its common shares

USW Local 2251 Has Agreed to Continue Working 15 Days Beyond the July 31, 2022 Contract Deadline SAULT STE. MARIE, Ontario, July 30, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Company and the Negotiating Committee

USW Local 2251 Has Refused to Bring the Offer to its Membership for a Vote Without a Vote Process that Includes an Extension, Algoma will Initiate Asset Preservation Protocols on Sunday July 31, 2022 SAULT STE. MARIE, Ontario, July 29, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc.

SAULT STE. MARIE, Ontario, July 28, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ, TSX: ASTL) (“Algoma” or the “Corporation”) today announced the preliminary results of its substantial issuer bid (the “Offer”), which expired at 5:00 p.m. (Eastern Time) on July 27, 2022.

SAULT STE. MARIE, Ontario, July 26, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma’ or “the Company”) reports it has been notified by United Steelworkers (“USW”) Local 2724, the union representing its technical, professional and front-line supervisory employees,

SAULT STE. MARIE, Ontario, July 26, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2023 first quarter financial results

SAULT STE. MARIE, Ontario, July 20, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Company has reached a tentative agreement for a new labour contract with United Steelworkers (“USW”) Local 2724, the union representing

SAULT STE. MARIE, Ontario, July 19, 2022 (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 its donation of CDN $1 million to Sault Area Hospital

SAULT STE. MARIE, Ontario, July 18, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Ontario Securities Commission (the “OSC”) has granted an exemptive relief order (the “Relief Order”) exempting Algoma from complying

SAULT STE. MARIE, Ontario, June 23, 2022 (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 fiscal 2022 returned $150.7 million in total profit share

SAULT STE. MARIE, Ontario, June 21, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Corporation”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced it is commencing its previously announced substantial

SAULT STE. MARIE, Ontario, June 17, 2022 (GLOBE NEWSWIRE) — Today Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), provided the following update to the community and neighbouring stakeholders regarding the June 9 th accidental release of lubricant oil into the St.

Record Full-Year Revenue, Adjusted EBITDA and Free Cash Flow Performance Electric Arc Furnace Construction Advancing as Planned Announces Intention to Launch US$400 Million Substantial Issuer Bid in June as Part of Its Capital Allocation Strategy SAULT STE.