BOF

Algoma Steel to Announce Fiscal 2023 First Quarter Results August 3, 2022

Retrieved on: 
Tuesday, July 26, 2022
TSX, ASTL, GLOBE, STE, DSPC, Courage, NASDAQ, Conference, Webcast, BOF, Company, Steel, HRC, Investor

MARIE, Ontario, July 26, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2023 first quarter financial results after the market closes on Wednesday, August 3, 2022.

Key Points: 
  • MARIE, Ontario, July 26, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2023 first quarter financial results after the market closes on Wednesday, August 3, 2022.
  • Upon dialing in, please request to join the Algoma Steel Fiscal First Quarter Conference Call.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Algoma Steel Reaches Tentative Agreement with USW Local 2724

Retrieved on: 
Wednesday, July 20, 2022
TSX, ASTL, OSC, GLOBE, STE, Legislation, U.S. Securities and Exchange Commission, Forward-looking statement, DSPC, Union, Ontario Securities Commission, Private Securities Litigation Reform Act, Courage, NASDAQ, News, BOF, SEDAR, Head, Company, USW, Security (finance), Steel, HRC, United Steelworkers

MARIE, Ontario, July 20, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has reached a tentative agreement for a new labour contract with United Steelworkers (USW) Local 2724, the union representing its technical, professional and front-linesupervisory employees.

Key Points: 
  • MARIE, Ontario, July 20, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has reached a tentative agreement for a new labour contract with United Steelworkers (USW) Local 2724, the union representing its technical, professional and front-linesupervisory employees.
  • The Company will not be releasing details of the tentative agreement until after the Union has held its information meetings.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Algoma Steel Donates $1 Million toward Sault Area Hospital Residential Withdrawal Management Facility

Retrieved on: 
Tuesday, July 19, 2022
Steel, News, STE, Sault Area Hospital, CEO, Patient, Security (finance), U.S. Securities and Exchange Commission, GLOBE, Private Securities Litigation Reform Act, Forward-looking statement, Health, Head, TSX, DSPC, Legislation, SEDAR, Hospital, NASDAQ, Ontario Securities Commission, HRC, Ministry, Company, SAH, CDN, OSC, Courage, Â, Partnership, ASTL, Algoma Steel, Bed, BOF, Interior design, Health insurance

MARIE, Ontario, July 19, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced its donation of CDN $1 million to Sault Area Hospital Foundation (SAHF), in support of Sault Area Hospitals (SAH) Residential Withdrawal Management Facility.

Key Points: 
  • MARIE, Ontario, July 19, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced its donation of CDN $1 million to Sault Area Hospital Foundation (SAHF), in support of Sault Area Hospitals (SAH) Residential Withdrawal Management Facility.
  • The new facility will provide twenty residential withdrawal management beds and safe beds in a completely renovated space.
  • Our team at Algoma is proud to support the Sault Area Hospital in their construction of a Residential Withdrawal Management Facility.
  • On behalf of the Sault Area Hospital, our patients, and our health care workers, I extend our sincere gratitude and appreciation to Algoma Steel for their generous donation of $1 million to support and enhance care for individuals accessing care at our new Residential Withdrawal Management facility, said Ila Watson, President & CEO, of Sault Area Hospital.

Algoma Steel Group Announces OSC Relief in Substantial Issuer Bid

Retrieved on: 
Monday, July 18, 2022
Retirement, Steel, News, THE, Time, DSPC, SEDAR, Relief, Securities Act of 1933, Board, Ontario Securities Commission, Company, Compliance, BOF, SEC, Schedule TO, U.S. Securities and Exchange Commission, Securities Exchange Act of 1934, Forward-looking statement, TSX, Legislation, NASDAQ, HRC, OSC, Courage, Letter, STE, Expiration, Depositary, Board of directors, EDGAR, COVID-19, BMO Capital Markets, Risk, Extension, Expiration date, TIME, GLOBE, Debt relief order, Annual report, ASTL, Auction, Security (finance)

MARIE, Ontario, July 18, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Ontario Securities Commission (the OSC) has granted an exemptive relief order (the Relief Order) exempting Algoma from complying with the requirement that Algoma first takes up all of its common shares (the Shares) deposited under its currently underway substantial issuer bid (the Offer) before extending the expiration date of the Offer, if Algoma ultimately determines to extend the Offer in the circumstance where the Offer is undersubscribed.

Key Points: 
  • MARIE, Ontario, July 18, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Ontario Securities Commission (the OSC) has granted an exemptive relief order (the Relief Order) exempting Algoma from complying with the requirement that Algoma first takes up all of its common shares (the Shares) deposited under its currently underway substantial issuer bid (the Offer) before extending the expiration date of the Offer, if Algoma ultimately determines to extend the Offer in the circumstance where the Offer is undersubscribed.
  • On July 15, 2022, the OSC granted Algoma the Relief Order providing the Extension Relief which will allow Algoma to, subject to the conditions in the Relief Order, elect to extend the Offer without first taking up all the Shares deposited and not withdrawn under the Offer.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Algoma Steel Distributes Over $150 Million in Employee Profit Sharing Program

Retrieved on: 
Thursday, June 23, 2022
GLOBE, NASDAQ, HRC, Courage, Family Day (Canada), BOF, TSX, Company, BBQ, STE, Family, Lunch, Algoma Steel, ASTL, Hand, Steel, Head, DSPC

MARIE, Ontario, June 23, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced fiscal 2022 returned $150.7 million in total profit share payouts for eligible employees.

Key Points: 
  • MARIE, Ontario, June 23, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced fiscal 2022 returned $150.7 million in total profit share payouts for eligible employees.
  • With the second installment scheduled for release on June 24th, fiscal 2022s profit share represents the highest payments per employee in the Companys history.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Algoma Steel Announces Commencement of US$400 Million Substantial Issuer Bid

Retrieved on: 
Tuesday, June 21, 2022
SEDAR, Forward-looking statement, Securities Act of 1933, Legislation, Board of directors, GLOBE, DSPC, BOF, Annual report, Compliance, Letter, STE, Steel, NASDAQ, News, SEC, Board, Eastern Time Zone, TIME, TSX, HRC, OSC, BMO Capital Markets, Securities Exchange Act of 1934, Risk, Ontario Securities Commission, Schedule TO, U.S. Securities and Exchange Commission, Hand, ASTL, Courage, THE, Retirement, EDGAR, Auction, Security (finance), Share (finance)

MARIE, Ontario, June 21, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Corporation), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced it is commencing its previously announced substantial issuer bid (the Offer) to purchase for cancellation up to US$400 million of its common shares (Shares).

Key Points: 
  • MARIE, Ontario, June 21, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Corporation), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced it is commencing its previously announced substantial issuer bid (the Offer) to purchase for cancellation up to US$400 million of its common shares (Shares).
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.
  • Today Algoma is on a transformation journey, investing in its people and processes, optimizing and modernizing to secure a sustainable future.

Algoma Steel Provides Community Update Regarding Spill

Retrieved on: 
Friday, June 17, 2022
Ontario Securities Commission, Algoma Steel, DSPC, Security (finance), SEC filing, Water, BOF, ST, TSX, Annual report, Ministry, Water supply, SEDAR, Prospectus, Company, U.S. Securities and Exchange Commission, Village, Echo Bay, Forward-looking statement, Private Securities Litigation Reform Act, ASTL, STE, Courage, Steel, NASDAQ, News, SEC, Legislation, HRC, Form, OSC, GLOBE, Risk management, Environment

MARIE, Ontario, June 17, 2022 (GLOBE NEWSWIRE) -- Today Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), provided the following update to the community and neighbouring stakeholders regarding the June 9th accidental release of lubricant oil into the St. Marys River.

Key Points: 
  • MARIE, Ontario, June 17, 2022 (GLOBE NEWSWIRE) -- Today Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), provided the following update to the community and neighbouring stakeholders regarding the June 9th accidental release of lubricant oil into the St. Marys River.
  • Algoma Steel Chief Executive Officer Michael Garcia commented, This event certainly did not live up to the high standard we set for ourselves.
  • I assure you the entire Algoma team has felt the weight of this incidents impact on our community.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Algoma Steel to Announce Fiscal 2022 Fourth Quarter and Full Year Results June 14, 2022

Retrieved on: 
Wednesday, June 1, 2022
Steel, STE, Company, Conference, Webcast, Investor, DSPC, HRC, GLOBE, ASTL, TSX, NASDAQ, Courage, BOF

MARIE, Ontario, June 01, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2022 fourth quarter and full year financial results after the market closes on Tuesday, June 14, 2022.

Key Points: 
  • MARIE, Ontario, June 01, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2022 fourth quarter and full year financial results after the market closes on Tuesday, June 14, 2022.
  • Upon dialing in, please request to join the Algoma Steel Fiscal Fourth Quarter Conference Call.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on position us firmly as your partner in steel.

The Sherwin-Williams Foundation and The Urban League of Greater Cleveland Partner to Foster Economic Inclusion for Minority-Owned Construction Companies

Retrieved on: 
Wednesday, May 18, 2022
Employment, Education, Capital, Company, Valspar, CAP, Foundation, New, Paint, Multimedia, Goal, Our Community, Greater Cleveland, Building, Korea Carbon Capture & Sequestration R&D Center, HGTV, Transport, Community, City, Industry, IPD, BOF, Program, OEO, Integrated project delivery, SHW, Urban League of Portland, Sale, Development, Construction, Curriculum, Growth, MBE, National Urban League, NYSE, Access, Management, Renewable energy, Creative industries, Minwax, Sherwin-Williams

"The Sherwin-Williams Foundation is pleased to partner with the Urban League of Greater Cleveland to positively impact the greater Cleveland community and support minority-owned business growth through fostering economic inclusion for minority-owned construction companies," said John G. Morikis, President of the Foundation, and Chairman and Chief Executive Officer of The Sherwin-Williams Company (NYSE: SHW).

Key Points: 
  • "The Sherwin-Williams Foundation is pleased to partner with the Urban League of Greater Cleveland to positively impact the greater Cleveland community and support minority-owned business growth through fostering economic inclusion for minority-owned construction companies," said John G. Morikis, President of the Foundation, and Chairman and Chief Executive Officer of The Sherwin-Williams Company (NYSE: SHW).
  • "We commend The Sherwin-Williams Foundation and ULGC for joining forces to establish this new program.
  • The CAP is designed to incorporate strategies that will strengthen, accelerate and position businesses for next-level engagement in construction projects.
  • For more information about the Urban League of Greater Cleveland, visit ulcleveland.org.

Algoma Steel Awards Building Contract to Walters Group

Retrieved on: 
Monday, April 25, 2022
News, CEO, ASTL, Carbon, Courage, U.S. Securities and Exchange Commission, Security (finance), NASDAQ, HRC, Legislation, Collection, Steel, EAF, Private Securities Litigation Reform Act, GLOBE, STE, Ontario Securities Commission, OSC, Electricity, Prospectus, SEC, Forward-looking statement, TSX, Risk, SEDAR, DSPC, BOF, Construction, Oil

MARIE, Ontario, April 25, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has awarded the structural building contract for its electric arc steelmaking facility (EAF) to Hamilton, ON-based Walters Group Inc. (Walters).

Key Points: 
  • MARIE, Ontario, April 25, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has awarded the structural building contract for its electric arc steelmaking facility (EAF) to Hamilton, ON-based Walters Group Inc. (Walters).
  • Walters will be responsible for fabricating and erecting the main building structure in addition to the necessary dust collection hoods.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.