Algoma Steel says it has issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, Ont.

"As part of the closure of its blast furnace and coke making operations, Algoma has made the difficult decision to issue approximately 1,000 layoff notices today, effective in 16 weeks on March 23, 2026," reads an emailed statement from the company.

"This transition is necessary to protect Algoma’s future in the face of these extraordinary and external market forces, and we will continue to advocate for a competitive and fair trading environment for Canadian steel."

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The statement goes on to say that "u

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