In the US, grounded self-unloader Algoma Verity was refloated and safely moved to a nearby berth on 11 January. This 190-m vessel ran aground 1.6 km north of the Benjamin Franklin Bridge in the ...

ST. CATHARINES, Ontario, March 07, 2025--(BUSINESS WIRE)--Algoma Central Corporation ("Algoma", "Company") (TSX: ALC) has achieved a significant milestone, taking ...

Algoma Steel Group Inc. ASTL-T is still making money despite newly imposed U.S. tariffs on Canadian steel imports, and the company’s chief executive says a Buy Canadian mandate from the federal ...

The layoffs have already begun. Sault Ste. Marie-based Algoma Steel has laid off 20 employees as a result of U.S. President Donald Trump’s threats to impose import tariffs on Canadian steel and ...

Algoma Central Corporation (“Algoma”, “Company”) (TSX: ALC) has achieved a significant milestone, taking delivery of three new ships, from three different countries, within one week for ...

Algoma Steel Group Inc. has reported its fourth-quarter and full-year financial results for 2024, indicating significant losses compared to the previous year, with a consolidated revenue of $590.3 ...

TORONTO, March 12 (Reuters) - Algoma Steel (ASTL.TO), opens new tab has paused exports of steel from Canada to the United States until Thursday, when Canadian ministers are expected to meet their ...

SAULT STE. MARIE, Ont. - Algoma Steel Group Inc. reported a net loss of $66.5 million in its third and final quarter last year, compared with a loss of $84.8 million a year earlier. The Sault Ste.

Algoma Steel Group expects tariffs to hurt its finances and operations, though the company said it is too early to estimate the full extent of the effects at this time. Chief Executive Michael ...

Photo: Adrian Wyld/Associated Press Algoma Steel Group expects tariffs to hurt its finances and operations, though the company said it is too early to estimate the full extent of the effects at ...

TORONTO (Reuters) - Algoma Steel has paused exports of steel from Canada to the United States until Thursday, when Canadian ministers are expected to meet their U.S. counterparts in Washington ...