Algoma Steel Says It Will Issue About 1,000 Layoff Notices

Reuters12-02

Dec 1 (Reuters) - Algoma Steel Group Inc ::
*ALGOMA STEEL: TO ISSUE APPROXIMATELY 1,000 LAYOFF NOTICES TODAY, EFFECTIVE IN 16 WEEKS ON MARCH 23, 2026
*ALGOMA STEEL: HAS BEEN SIGNIFICANTLY IMPACTED BY THE UNPRECEDENTED TARIFFS IMPOSED BY THE US
*ALGOMA STEEL: TO CLOSE ITS BLAST FURNACE AND COKE-MAKING OPERATIONS IN EARLY 2026 - STATEMENT
*Further company coverage: ASTL.TO
* ((Reuters.Briefs@thomsonreuters.com;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 01-DEC-202517:31:06.12 GMT

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