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    March 23, 2026

    Layoffs begin as Algoma Steel unwinds integrated operations

    Written by Kristen DiLandro

    The layoffs at Algoma Steel’s integrated steelmaking facility took effect today, Monday, March 23. After 124 years of use, the company has officially abandoned the blast-furnace production method. Going forward, it will use the electric-arc furnace (EAF) to produce its steel.

    Algoma announced the layoffs back in December. At the time, the Sault Ste. Marie-based producer blamed the US’s 50% tariff for the closure. It said it would lay off ~1,000 employees.

    Kristen DiLandro

    Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.

    Read more from Kristen DiLandro

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