Algoma Steel Archives - Tiopepi Construction Blog

Algoma Steel’s fourth quarter loss widens to 4.7M from .5M last year

Algoma Steel’s fourth quarter loss widens to $364.7M from $66.5M last year

SAULT STE. MARIE, ONT. — Algoma Steel Group Inc. reported a net loss of $364.7 million in the fourth quarter compared with a net loss…

adminMarch 17, 2026

Commercial Construction

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 Canadian companies, including Sault Ste. Marie’s tariff-battered…

adminJanuary 27, 2026

Commercial Construction

Algoma Steel highlights new strategy after layoffs as it looks to lower costs

SAULT STE. MARIE — A day after his company announced plans to let go of more than 1,000 workers, the CEO of Algoma Steel said…

adminDecember 3, 2025

Commercial Construction

Algoma Steel to lay off 1,000 workers in coming months, union says

SAULT STE. MARIE — Algoma Steel is laying off more than a third of its workforce as it accelerates a transition to new equipment in…

adminDecember 2, 2025

Commercial Construction

Algoma Steel not banking on return to U.S. market: CEO

SAULT STE. MARIE, ONT. — The CEO of Algoma Steel says that even if Canada reaches a deal with the United States on steel, there’s…

adminOctober 31, 2025

Commercial Construction

Greener steel arrives in Canada to a market in turmoil and future unclear

TORONTO – Like some superhero channelling the power of lightning, Algoma Steel Inc. has started using the heat cast off by the arcs of powerful…

adminAugust 12, 2025

Commercial Construction

Algoma Steel seeking federal support amid ongoing concern over U.S. tariffs

SAULT STE. MARIE — Algoma Steel says it is seeking $500 million in federal support as the company faces continued uncertainty from U.S. tariffs on…

adminJuly 25, 2025

Algoma Steel

Algoma Steel’s fourth quarter loss widens to $364.7M from $66.5M last year

South Korean sub maker Hanwha signs agreement with Algoma Steel

Algoma Steel highlights new strategy after layoffs as it looks to lower costs

Algoma Steel to lay off 1,000 workers in coming months, union says

Algoma Steel not banking on return to U.S. market: CEO

Greener steel arrives in Canada to a market in turmoil and future unclear

Algoma Steel seeking federal support amid ongoing concern over U.S. tariffs

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