USW urges Algoma to diversify product line as $500M lifeline meets wider Q3 losses

The United Steelworkers (USW) is pushing for transparency after Algoma Steel announced earlier this week that it has received CA$500 million in financing from the Canadian government.

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The union said the funding is a good start. But it is also calling for a clear, long-term plan for product diversification at the struggling steelmaker in Sault Ste. Marie, Ontario.

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Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.