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Algoma Steel Signs Partnership to Produce Ballistic Steel for Armoured Vehicles
The venture aims to supply sovereign ballistic steel for defence procurement and could support more than 500 workers, the companies said.
- On Tuesday, April 7, 2026, Algoma Steel Inc. and Roshel Inc. announced a joint venture named Roshel Algoma Defence Solutions Inc. to establish a Canadian Centre of Excellence for Ballistic Steel Production.
- The partnership aligns with the federal Defence Industrial Strategy's emphasis on Buy Canadian policies and addresses the growing need for local, end-to-end defence suppliers within Canada.
- RADS is positioned to support over 500 workers with new manufacturing jobs, while introducing 'Volta,' Algoma's new brand for steel produced through EAF technology expected to reduce carbon emissions by approximately 70%.
- The partnership follows criticism regarding Roshel's earlier sale of 20 armoured vehicles for an estimated $10 million to U.S. Immigration and Customs Enforcement , which former MP Charlie Angus said would "dramatically transform their war on civilians."
- CEO Rajat Marwah stated the partnership puts Algoma's Sault Ste. Marie facilities "directly in service of Canada's national security," while RADS plans to export Canadian-made ballistic steel to allied countries.
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Roshel Algoma Defence Partnership to Strengthen Canada’s Defence Industrial Base
SAULT STE. MARIE, Ontario, April 07, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma Steel” or “Algoma”), a leading Canadian producer of steel plate and hot rolled sheet products and Roshel Inc. (“Roshel”), a Canadian-owned…
·Toronto, Canada
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Total News Sources14
Leaning Left8Leaning Right4Center2Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
14%
R 29%
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