U.S. Steel on Tuesday sued a Canadian steel company alleging that it is refusing to pay for millions of tons of iron ore pellets it agreed to purchase five years ago because of new Trump ...

The largest employer in Sault Ste. Marie, Ont., is getting a half billion dollars in government loans — $400 million from ...

The recycled-content steelmaker receives loans from the Canadian and Ontario governments to help weather tariff-related hurdles.

The $500 million in government loans to Algoma Steel Group Inc. has at least one analyst saying the cash could help set the company up for the longer term.

Canada’s finance minister said the loan would help Algoma transition to a business model less reliant on U.S. demand.

SAULT STE. MARIE, Ontario, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel ...

New U.S. tariffs announced Monday by President Donald Trump are creating uncertainty and disruptions in Sault Ste. Marie, Ont., home of major Canadian producer Algoma Steel. "Fifty per cent of our ...

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 ...

SAULT STE. MARIE, Ontario, Jan. 20, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel ...

DULUTH — Salt is piled on the shore of the Duluth harbor after a visit from Algoma Sault. The laker, flying under the Canadian flag, unloaded salt at Compass Minerals on Tuesday. It departed the port ...

ST. CATHARINES, Ontario--(BUSINESS WIRE)--Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced that it has taken ...

SAULT STE. MARIE, Ontario, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel ...