Ms. Laura Devoni reports

ALGOMA RESUMES NORMAL STEEL PRODUCTION

Algoma Steel Group Inc.'s work to repair and restart its blast furnace is complete and steel production resumed on Sunday, Feb. 11, 2024.

Algoma has strengthened its operations while advancing essential repair work required after a structure supporting utilities piping at Algoma's coke-making plant collapsed on Jan. 20, 2024.

Algoma remains focused on completing necessary utilities corridor repairs safely and efficiently while increasing coke-making capacity and rebuilding inventory levels. The company will continue to assess supplementing its coke supplies with market purchases to balance its requirement for iron production.

About Algoma Steel Group Inc.

Based in Sault Ste. Marie, Ont., Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate. Driven by a purpose to build better lives and a greener future, Algoma is positioned to deliver responsive, customer-driven product solutions to applications in the automotive, construction, energy, defence and manufacturing sectors. Algoma is a key supplier of steel products to customers in North America and is the only producer of discrete plate products in Canada.

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