Algoma Steel
Tracked across 2 events · 13 articles · First seen Apr 07, 2026 · Last active May 28, 2026
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Business
Impact: Algoma Steel formed a joint venture with Roshel to produce ballistic steel in Canada, enhancing its role in the defense sector and aligning with Canadian government procurement policies.
Apr 07, 2026 · 7 articles
Business
Algoma Steel announced its Q1 2026 financial results, reporting a net loss of $159.4 million and consolidated revenue of $296.9 million, significantly lower than the prior year. This decline is attributed to the company's transition…
Impact: Algoma Steel reported a significant net loss and reduced revenue in Q1 2026, primarily due to its transition to Electric Arc Furnace steelmaking and increased tariff costs. The company is focusing on plate production and strategic partnerships to improve future performance.
May 12, 2026 · 6 articles
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Algoma Steel announced resultsAlgoma Steel Q1 2026 Results
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Algoma Steel closed blast furnaceAlgoma Steel Q1 2026 Results
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Algoma Steel incurred tariff costsAlgoma Steel Q1 2026 Results
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Algoma Steel formed joint venture RoshelAlgoma Steel Q1 2026 Results
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Algoma Steel signed MOU Hanwha OceanAlgoma Steel Q1 2026 Results
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Canada provided support Algoma SteelAlgoma Steel Q1 2026 Results
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