Tag Archives: Algoma Steel

The Government of Canada’s number-one priority remains keeping Canadians safe and supporting families and businesses through the COVID-19 pandemic. Even at this time, work continues, to help the economy recover, create conditions for new jobs, lower emissions, and make life more affordable for Canadians. Today, the Member of Parliament for Sault Ste. Marie, Terry Sheehan, on behalf of the Minister ...

Algoma Steel Inc. (Algoma Steel) announced today they have signed a new four-year iron ore pellet purchase agreement with United States Steel Corporation. The contract replaces contracts that expire at the end of this year and provides Algoma Steel with surety of supply of quality iron ore pellets through to the close of the 2024 shipping season. Algoma Steel CEO ...

eTracks Tire Management Systems, a not-for-profit Producer Responsibility Organization (PRO) has partnered with Algoma Steel to remove and recycle 850 tonnes of end-of-life tires in an effort to promote a more circular economy.   Established to help the tire industry meet new recovery and recycling regulations that rolled out in Ontario last year, eTracks is managing and partly funding this ...

Weather – A mix of sun and cloud. 30 percent chance of showers early this morning and late this afternoon. Fog patches dissipating this morning. High 22. UV index 7 or high. Partly cloudy with a 30 percent chance of showers early this evening. Low 11.   News Tidbits – Lake Superior Provincial Park has several interesting things happening today – Moth Madness and Species ...

Algoma Steel Inc. congratulates the Government of Canada on the complete lift of steel tariffs imposed under Section 232 as announced today. This returns Canada and the U.S. to a fair and just steel trade position within a fully integrated North American market. Algoma Steel CEO Mike McQuade commented on today’s announcement, “Today’s announcement provides our customers with the confidence ...

This afternoon, Premier Doug Ford and Todd Smith, Minister of Economic Development, Job Creation and Trade, issued the following statement regarding the lifting of U.S. Section 232 steel and aluminum tariffs: “This is a good day for our steel and aluminum sectors, the province and our workers,” said Ford. “Since day one, our government has been calling on the federal ...

  Greg Rickford, Minister of Energy, Northern Development and Mines  visited Algoma Steel Inc. to announce a $60 million repayable loan from the provincial government yesterday, January 10, 2019. “Our government is committed to ensuring Algoma Steel remains competitive and sustainable in a tough market,” said Minister Rickford. “The investment announced today secures thousands of jobs and pensions and signals ...

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 investors who are committed to ...

Algoma announced today that just four months after its  acquisition of its neighbouring combined heat and power plant (formerly Lake Superior Power Plant), the idled facility is back online supplying power to Algoma’s power grid.  August 1st, 2018 marked its first day of production, generating 32 MW of power just in time to meet summer’s peak power requirements. Algoma CEO ...

May 14, 2018 @ 14:09 Tentative agreements negotiated by the United Steelworkers (USW) at Sault Ste. Marie steelmaker Algoma offer optimism of a return to prosperity and normalcy for thousands of working families and a community that have endured 2½ years of upheaval and uncertainty. “The Steelworkers and our members in Sault Ste. Marie have stood in solidarity since 2015 ...

A company with inseparable ties to Sault Ste. Marie and a rich, century old steelmaking tradition is returning to its roots. After a decade known as Essar Steel Algoma, the historic steel manufacturer has launched its new brand: Algoma. Today during a ceremony at its facilities on the shores of the St. Mary’s River employees gathered to mark a new ...