The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
📍 ON
May 12, 2026
· 2 min read
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Algoma Steel reports first-quarter loss of $159.4-million, compared with $24.5-million loss last year
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Algoma Steel reports first-quarter loss of $159.4-million, compared with $24.5-million loss last year
SAULT STE. MARIE, ONT.
THE CANADIAN PRESS
PUBLISHED MAY 12, 2026
Open this photo in gallery:
Vehicles leave the Algoma Steel factory in Sault Ste. Marie, Ont., in March. Algoma says it incurred $27.4-million in direct tariff costs during the first quarter, compared to $10.5-million during the same period last year.
DEBORAH BAIC/THE GLOBE AND MAIL
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