(NASDAQ: ASTL; TSX: ASTL) At Algoma, we are driven by a strong purpose to build better lives and a greener future. We believe in the power of steel to add value to all aspects of our life. We work in partnership with our customers - the great innovators, developers and builders of today- to improve how we live, work, move and grow together. We make strong steel that lasts, offering North America the comfort of a secure steel supply. Based in Sault Ste. Marie, Ontario, Algoma is a producer of hot and cold rolled steel sheet and plate products. With a raw steel production capacity of an estimated 2.8 million tons per year, Algoma’s diverse capabilities enable us to deliver customer-driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier to customers across North America and is the only producer of plate steel products in Canada. Our state-of-the-art Direct Strip Production Complex, where we transform liquid steel to a finished coil in about 30 minutes using 40% less energy than a conventional mill, positions us among the lowest-cost producers of hot rolled sheet steel in North America. Our quality products meet international performance standards for manufacturing, automotive, construction, mining, energy, ship, rail and military applications. Algoma is on a transformational journey, modernizing our plate mill and adopting electric arc technology that builds on the strong principles of recycling and environmental stewardship, to significantly lower carbon emissions. We are a founding industry and the largest employer in our community. We want the benefits of our steel to endure for generations. We are working safely, as a team to become one of North America's leading producers of green steel, drawing on the best of our rich steelmaking tradition to deliver greater value to our people, customers, investors, communities, and the world around us.
View Top Employees from Algoma Steel Inc.Website | http://www.algoma.com |
Ticker | ASTL |
Revenue | $3 billion |
Funding | $300 million |
Employees | 1,034 (626 on RocketReach) |
Founded | 1901 |
Address | 105 West Street, Sault Ste. Marie, Ontario P6A 7B4, CA |
Phone | (705) 945-2351 |
Fax | (905) 687-7840 |
Technologies |
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Industry | Mining, Building Materials, Industrial Supplies and Parts, Hot And Cold Rolled Steel Sheet, Manufacturing, As-Rolled And Heat Treated Plate, Carbon And High Strength, Low Alloy (Hsla) Grades, Floor Plate |
SIC | SIC Code 33 Companies, SIC Code 331 Companies |
NAICS | NAICS Code 336 Companies, NAICS Code 3363 Companies, NAICS Code 331 Companies, NAICS Code 33 Companies |
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The Algoma Steel Inc. annual revenue was $3 billion in 2024.
Michael Garcia is the CEO of Algoma Steel Inc..
626 people are employed at Algoma Steel Inc..
Algoma Steel Inc. is based in Sault Ste. Marie, Ontario.
The NAICS codes for Algoma Steel Inc. are [336, 3363, 331, 33].
The SIC codes for Algoma Steel Inc. are [33, 331].