Algoma Steel receives $345M commitment from South Korean shipbuilder | Page 43 | Unpublished
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Source Feed: CBC News - Canada
Publication Date: January 26, 2026 - 15:58

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Algoma Steel receives $345M commitment from South Korean shipbuilder

January 26, 2026

An agreement between Algoma Steel and Hanwha Ocean would allow for the creation of a new structural steel beam mill in Sault Ste. Marie, which the federal government says could create hundreds of new jobs.

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