Key information

🔎 Fund Overview

Algoma Steel Group Inc. (Algoma) is a Canada-based company, which is an integrated producer of hot and cold rolled steel products with its operations located in Canada. It produces sheet and plate products that are sold primarily to customers in Canada and Midwest United States of America. The Company has a raw steel production capacity of an estimated 2.8 million tons per year. The Company’s mill produces hot rolled sheet steel (HRC) in North America owing in part to its direct strip production complex (DSPC), which is a thin slab caster in North America with direct coupling to a basic oxygen furnace (BOF) melt shop. Algoma delivers its solutions to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Its facility provides a range of quality heat treated products for abrasion resistant, ballistic and other specialty plate applications. Its subsidiaries include Algoma Steel Holdings Inc., Algoma Steel Inc. and Algoma Steel Inc. USA.