ASTL

Algoma Steel Confirms USW Local 2251 Agree to Take Offer to Employees for a Vote

Retrieved on: 
Friday, August 12, 2022 - 11:00pm

MARIE, Ontario, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that United Steelworkers Local 2251 (2251 or the Union) have agreed to take the Companys last offer to a vote by employees in the affected bargaining unit.

Key Points: 
  • MARIE, Ontario, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that United Steelworkers Local 2251 (2251 or the Union) have agreed to take the Companys last offer to a vote by employees in the affected bargaining unit.
  • 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.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on, position us firmly as your partner in steel.

Algoma Steel Reports Coke Conveyor Fire

Retrieved on: 
Tuesday, August 9, 2022 - 10:30pm

MARIE, Ontario, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that a fire occurred on August 7, 2022, on one of its coal conveyors that supplies coal to two of its three coke batteries.

Key Points: 
  • MARIE, Ontario, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that a fire occurred on August 7, 2022, on one of its coal conveyors that supplies coal to two of its three coke batteries.
  • Algoma produces its own coke from three production units, and supplements with purchased coke from various suppliers.
  • 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 Tables Revised Best and Final Offer in Collective Agreement Negotiations with USW Local 2251

Retrieved on: 
Saturday, August 6, 2022 - 1:19am

MARIE, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has submitted a revised best and final Collective Bargaining Agreement (CBA) offer to the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees.

Key Points: 
  • MARIE, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has submitted a revised best and final Collective Bargaining Agreement (CBA) offer to the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees.
  • Algoma has again received notice that the 2251 Negotiating Committee has refused the offer and is unwilling to bring the offer to employees for a vote.
  • We accomplished this with USW Local 2724, whose bargaining committee and membership approved largely the same offer we have presented to Local 2251.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on, position us firmly as your partner in steel.

Algoma Steel Group Reports Fiscal 2023 First Quarter Results

Retrieved on: 
Wednesday, August 3, 2022 - 10:30pm

SAULT STE. MARIE, Ontario, Aug. 03, 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 results for its fiscal first quarter ended June 30, 2022.

Key Points: 
  • MARIE, Ontario, Aug. 03, 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 results for its fiscal first quarter ended June 30, 2022.
  • Michael Garcia, the Companys Chief Executive Officer, commented, The momentum we established in fiscal 2022 continued with another quarter of strong results in what has been a volatile operational environment.
  • Our results continue to reflect our differentiated execution, along with the hard work and dedication of the entire Algoma team.
  • 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 15 Day Extension

Retrieved on: 
Sunday, July 31, 2022 - 1:39am

MARIE, Ontario, July 30, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company and the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees, have agreed to a fifteen (15) day extension beyond the July 31, 2022 expiry of the collective agreement for the purpose of continued discussions.

Key Points: 
  • MARIE, Ontario, July 30, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company and the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees, have agreed to a fifteen (15) day extension beyond the July 31, 2022 expiry of the collective agreement for the purpose of continued discussions.
  • 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.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on, position us firmly as your partner in steel.

Algoma Steel Outlines Best and Final Offer in Collective Agreement Negotiations with USW Local 2251

Retrieved on: 
Saturday, July 30, 2022 - 4:28am

SAULT STE. MARIE, Ontario, July 29, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Company has submitted its best and final Collective Bargaining Agreement (“CBA”) offer to the Negotiating Committee of United Steelworkers Local Union 2251 (“2251”), the union representing Algoma’s hourly employees.

Key Points: 
  • MARIE, Ontario, July 29, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has submitted its best and final Collective Bargaining Agreement (CBA) offer to the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees.
  • Algoma has also received notice that the 2251 Negotiating Committee has refused the offer and is unwilling to bring the offer to employee members for a vote.
  • 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.

Algoma Steel Notified by USW Local 2724 Agreement Ratified

Retrieved on: 
Tuesday, July 26, 2022 - 9:30pm

MARIE, Ontario, July 26, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) reports it has been notified by United Steelworkers (USW) Local 2724, the union representing its technical, professional and front-line supervisory employees, that their members have successfully ratified their collective agreement, providing an enhanced economic package for their members and importantly setting out the process to transition the workforce to electric arc steelmaking.

Key Points: 
  • MARIE, Ontario, July 26, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) reports it has been notified by United Steelworkers (USW) Local 2724, the union representing its technical, professional and front-line supervisory employees, that their members have successfully ratified their collective agreement, providing an enhanced economic package for their members and importantly setting out the process to transition the workforce to electric arc steelmaking.
  • Discussions are ongoing between the Company and the hourly employees represented by USW Local 2251, and the Companycontinues to work toward reaching an agreement before the contract expires on July 31, 2022.
  • 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 to Announce Fiscal 2023 First Quarter Results August 3, 2022

Retrieved on: 
Tuesday, July 26, 2022 - 12:30pm

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 - 5:30pm

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 - 4:30pm

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.