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Algoma Steel Part of $182M Deal to Supply Steel for Icebreakers
The contract is the largest polar-class steel order in Algoma’s history and will support up to six Canadian Coast Guard icebreakers.
Summary by CTV News
7 Articles
7 Articles
Algoma Steel wins $182-million contract to supply polar icebreaker fleet
Algoma Steel in Sault Ste. Marie, Ontario, has secured a $182-million contract to supply structural steel for the Canadian Coast Guard's new polar icebreaker fleet, a deal that anchors a strategic pivot toward domestic high-specification plate production while the mill navigates recent workforce reductions and tariff pressures. Under the agreement, the company will deliver approximately 24,000 metric tonnes of steel-roughly 4,000 metric tonnes p…
Coverage Details
Total News Sources7
Leaning Left2Leaning Right2Center3Last Updated43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 28%
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