News & Media

In honour of the season, Algoma Steel Inc. (“Algoma Steel” or the “Company”) is pleased to announce they have partnered with Millennium Crane Rentals to resurrect the Christmas Star. The Star was crafted back in the 1980’s by members of Algoma’s Central Trades group. Measuring 29 feet across, the steel framed star was wired with lights and hoisted high in the sky to shine bright over the Steelworks, bestowing goodwill and best wishes to the residents of Sault Ste. Marie.

Welcome to the all-new Algoma Steel Inc.! As of November 30th, 2018, Algoma Steel Inc. purchased substantially all of the assets of Essar Steel Algoma Inc. Today we are stronger, more sustainable, and free from the protection of the Companies’ Creditors Arrangement Act (CCAA). Algoma Steel is now privately owned by a solid group of

A Stronger, More Sustainable, Canadian Steel Company - and we're hiring SAULT STE. MARIE, Ont. — Algoma Steel Inc. (“Algoma Steel” or the “Company”) announced today it has successfully completed the purchase of substantially all of the assets of Essar Steel Algoma Inc. The business has emerged free from the protection of the Companies’ Creditors Arrangement Act (CCAA)

Essar Steel Algoma Inc. (doing business as Algoma) announced today that it has released its financial results of operations for the fiscal year ended March 31, 2018 and for the six-months ended September 30, 2018. The financial statements for these periods can be found on the website of the Monitor appointed by the Ontario Superior Court of Justice (Commercial List) pursuant to the Companies’ Creditors Arrangement Act(the “CCAA”), at www.ey.com/ca/essaralgoma.

Essar Steel Algoma Inc. (doing business as Algoma) announced today that an agreement in principle has been reached regarding the Port. Justice Hainey stated the Asset Purchase Agreement should be approved and commended the parties on reaching an Agreement in principle, noting that the Sale Transaction will be in the best interests of Algoma and its stakeholders.