South Korean sub maker Hanwha signs agreement with Algoma Steel
OTTAWA — South Korean submarine maker Hanwha announced Monday it had signed a flurry of partnership agreements with…
Korean shipbuilder agrees to $345M deal with Algoma Steel
Algoma Steel inks $345 million deal with Hanwha Ocean predicated on the Korean firm winning a Canadian submarine…
500 new jobs coming to Algoma Steel next year: Joly
The company will open two new divisions – one for plate and one for beam – that will…
Ford says he knew layoffs were coming before loaning Algoma Steel $100M
Ontario Premier Doug Ford acknowledged that his government was aware that massive layoffs at Algoma Steel were imminent,…
Trump’s ‘tariff shock’ forced layoffs: Algoma Steel CEO
Algoma Steel CEO Michael Garcia says tariffs imposed by the United States have effectively “closed off” the U.S.…
Union files grievance against Algoma Steel following layoffs
‘There were supposed to be jobs created. There were supposed to be training plans to allow people to…
‘A deal is a deal’: U.S. company suing Algoma Steel
U.S. Steel alleges Algoma Steel is in breach of contract Algoma Steel is being sued by an American…
Millions of dollars for Algoma Steel loan is a matter of sovereignty: Hajdu
OTTAWA — Algoma Steel Group Inc. is set to receive half a billion dollars in government loans to…
Government loans give Algoma more breathing room for transition
Government lifelines announced Monday could help Algoma Steel Group Inc. navigate through the effective loss of the U.S.…
Algoma Steel receives $500-million loan from federal and provincial governments
‘On behalf of Algoma, I would like to thank Prime Minister Carney, Premier Ford and their governments for…
Is Algoma Steel’s electric arc furnace still working?
‘Our first electric arc furnace has successfully produced steel and is now in the commissioning and ramp-up phase’…
Algoma Steel requesting up to $600 million from feds
‘Right now with this 50-per-cent tariff the future is very uncertain,’ Michael Garcia said Algoma Steel is calling…