<SEC-DOCUMENT>0001193125-24-036724.txt : 20240215
<SEC-HEADER>0001193125-24-036724.hdr.sgml : 20240215
<ACCEPTANCE-DATETIME>20240214194227
ACCESSION NUMBER:		0001193125-24-036724
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20240214
FILED AS OF DATE:		20240215
DATE AS OF CHANGE:		20240214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Algoma Steel Group Inc.
		CENTRAL INDEX KEY:			0001860805
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40924
		FILM NUMBER:		24641520

	BUSINESS ADDRESS:	
		STREET 1:		105 WEST STREET
		CITY:			SAULT STE. MARIE
		STATE:			A6
		ZIP:			P6A 7B4
		BUSINESS PHONE:		705-945-2351

	MAIL ADDRESS:	
		STREET 1:		105 WEST STREET
		CITY:			SAULT STE. MARIE
		STATE:			A6
		ZIP:			P6A 7B4

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	1295908 B.C. LTD.
		DATE OF NAME CHANGE:	20210505
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d792404d6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML><HEAD>
<TITLE>6-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 6-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>REPORT OF FOREIGN PRIVATE ISSUER </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO RULE <FONT STYLE="white-space:nowrap">13a-16</FONT> OR <FONT STYLE="white-space:nowrap">15d-16</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>UNDER THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>For the month of February 2024 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Commission File Number <FONT STYLE="white-space:nowrap">001-40924</FONT> </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>ALGOMA STEEL GROUP INC. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of Registrant as specified in its charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>N/A </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Translation of Registrant&#146;s name into English) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>105 West Street </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Sault
Ste. Marie, Ontario </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>P6A 7B4, Canada </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(705) <FONT STYLE="white-space:nowrap">945-2351</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of principal executive offices) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Indicate by
check mark whether the registrant files or will file annual reports under cover of Form <FONT STYLE="white-space:nowrap">20-F</FONT> or Form 40-F: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Form <FONT STYLE="white-space:nowrap">20-F&#8194;&#9744;&#8195;&#8195;&#8195;Form</FONT>
<FONT STYLE="white-space:nowrap">40-F&#8194;&#9746;</FONT> </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INCORPORATION BY REFERENCE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Exhibit 99.1 of this Form <FONT STYLE="white-space:nowrap">6-K</FONT> is incorporated by reference into the Registration Statement on Form <FONT
STYLE="white-space:nowrap">S-8</FONT> (Commission File <FONT STYLE="white-space:nowrap">No.&nbsp;333-264063)</FONT> and the Registration Statement on Form <FONT STYLE="white-space:nowrap">F-10</FONT> (Commission File
<FONT STYLE="white-space:nowrap">No.&nbsp;333-272816)</FONT> of the Registrant, Algoma Steel Group Inc. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXHIBIT INDEX </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD></TD>

<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD WIDTH="87%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" ALIGN="center"><B>Exhibit&nbsp;Number</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>Description</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press release dated February&nbsp;14, 2024.</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="45%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>

<TD VALIGN="bottom"></TD>
<TD WIDTH="3%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"><B>Algoma Steel Group Inc.</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: February&nbsp;14, 2024</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ John Naccarato</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: John Naccarato</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: Vice President Strategy and Chief Legal Officer</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d792404dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g792404page11.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MEDIA RELEASE </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February&nbsp;14, 2024 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:16pt; font-family:Times New Roman" ALIGN="center"><B>Algoma Resumes Normal
Steel Production </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">SAULT STE. MARIE, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) &#151; Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL)
(&#147;Algoma&#148; or &#147;the Company&#148;), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today advised the repair and restart of its blast furnace is complete and steel production resumed on Sunday
February&nbsp;11, 2024. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Algoma has strengthened its operations while advancing essential repair work required after a structure supporting utilities
piping at Algoma&#146;s coke-making plant collapsed on January&nbsp;20, 2024. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Algoma remains focused on completing necessary utilities corridor repairs
safely and efficiently while increasing coke-making capacity and rebuilding inventory levels. The Company will continue to assess supplementing its coke supplies with market purchases to balance its requirement for iron production. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Cautionary Statement Regarding Forward-Looking Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This news release contains &#147;forward-looking information&#148; under applicable Canadian securities legislation and &#147;forward-looking statements&#148;
within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, &#147;forward-looking statements&#148;) with respect to the incident at the coke-making plant, including the impact of the incident on the environment and
Algoma&#146;s operations, including with respect to coke supply, resumption of Blast Furnace operations and customer shipments. These forward-looking statements generally are identified by the words &#147;believe,&#148; &#147;project,&#148;
&#147;expect,&#148; &#147;anticipate,&#148; &#147;estimate,&#148; &#147;intend,&#148; &#147;strategy,&#148; &#147;future,&#148; &#147;opportunity,&#148; &#147;plan,&#148; &#147;design,&#148; &#147;pipeline,&#148; &#147;may,&#148; &#147;should,&#148;
&#147;will,&#148; &#147;would,&#148; &#147;will be,&#148; &#147;will continue,&#148; &#147;will likely result,&#148; and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are
based on current expectations and assumptions. Many factors could cause actual future events to differ materially and adversely from the forward-looking statements in this document. Readers should also consider the other risks and uncertainties set
forth in the section entitled &#147;Risk Factors&#148; and &#147;Cautionary Note Regarding Forward-Looking Information&#148; in Algoma&#146;s Annual Information Form, filed by Algoma with applicable Canadian securities regulatory authorities
(available under the company&#146;s SEDAR+ profile at www.sedarplus.ca) and with the U.S. Securities and Exchange Commission (the &#147;SEC&#148;), as part of Algoma&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">40-F</FONT>
(available at www.sec.gov), as well as in Algoma&#146;s current reports with the Canadian securities regulatory authorities and SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance
on forward-looking statements, and Algoma assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Algoma Steel Inc<B>. | </B>105 West Street, Sault Ste. Marie, ON, Canada P6A 7B4 <B>| </B>T: <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">705-945-2351</FONT></FONT> F: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">705-945-2203</FONT></FONT> <B>| </B>algoma.com </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>YOUR PARTNER IN STEEL.</B> SINCE 1901 </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Algoma Steel Group Inc. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Based in Sault Ste. Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate. Driven by a
purpose to build better lives and a greener future, Algoma is positioned to deliver responsive, customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier
of steel products to customers in North America and is the only producer of discrete plate products in Canada. Its
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">state-of-the-art</FONT></FONT></FONT> Direct Strip Production Complex (&#147;DSPC&#148;) is one of the lowest-cost producers of hot rolled sheet steel
(HRC) in North America. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Algoma is on a transformation journey, modernizing its plate mill and adopting electric arc technology that builds on the strong
principles of recycling and environmental stewardship to significantly lower carbon emissions. Today Algoma is investing in its people and processes, working safely, as a team to become one of North America&#146;s leading producers of green steel.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As a founding industry in their community, Algoma is drawing on the best of its rich steelmaking tradition to deliver greater value, offering North
America the comfort of a secure steel supply and a sustainable future as your partner in steel. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Communications contact: </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Laura Devoni </B> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Director &#150; Strategy, Corporate
Affairs&nbsp;&amp; Sustainability </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Algoma Steel Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Tel:
1.705.255.1202 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Fax: 1.705.945.2203 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT
STYLE="white-space:nowrap">E-mail:</FONT><U>&nbsp;Laura.Devoni@algoma.com</U></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investor contact: </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Michael Moraca</B><B></B><B>&nbsp;</B> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Treasurer&nbsp;&amp;
Investor Relations Officer</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Algoma Steel Group Inc.</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Phone:
705.945.3300</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">E-mail:</FONT><U>&nbsp;IR@algoma.com</U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Algoma Steel Inc<B>. | </B>105 West Street, Sault Ste. Marie, ON, Canada P6A 7B4 <B>| </B>T: <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">705-945-2351</FONT></FONT> F: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">705-945-2203</FONT></FONT> <B>| </B>algoma.com </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>YOUR PARTNER IN STEEL.</B> SINCE 1901 </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g792404page11.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g792404page11.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
M!!$%$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I
M*C0U-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'
MB(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7
MV-G:X>+CY.7FY^CIZO'R\_3U]O?X^?H1  (! @0$ P0'!00$  $"=P ! @,1
M! 4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P%6)RT0H6)#3A)?$7&!D:)B<H
M*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H*#A(6&
MAXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76
MU]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_  !$( #( M@,!$0 "$0$#$0'_V@ ,
M P$  A$#$0 _ /W\H YWQ=XEL/!OA?7O%6IG%CH&E7FISJ&"M,+6%I([:,D'
M]]-*(X4&#EY5'>LJ]:&&HU:\](48N3^2V]7LO,X\PQM'+<#B\?7=J.#I3JRZ
M7Y(MJ*\Y.T8^;1\8_#G]LC6?B)XV\/\ @W3_ (:VMM)K-^L$UZ?%$TJ6%A"C
MW.HZ@\7]@H'6VL(;B?:73=Y6W<-V:^>P>?U<9B:.&IX)*5625_:-V6\G;D5[
M)-VZO0_-<F\2,3G&9X/+:621IRQ,U&4_K+:ITTG*I4:]@KJ$(RE:ZO:UU<^[
M(9HKB**>WECG@GC2:":%UDBFBD4/'+%(A*R1LC*RLI((((.#7T\HRA)PE%QE
M%M.+5FFM&FGJFGHT]C]4C*,XQG"2E"24HRBTXN+5TTUHTUJFM&CYO_:1^/\
M-\ M(\,ZI#X7B\3GQ#J-]8-!+JSZ2+465M#.)%D33[OSBQFQM*IC;G)S7U_!
M_"L>**^-HRQKP7U2G"HFJ7M>;GDXVLYPY;6O?4^"X]XVGP3ALNQ$,N68?7ZM
M2DXNLZ/)[."G>ZIU.:][6LK=Q_[-_P ?9OCYHGB35Y?#$7A@Z!J=IIRP1:L^
MJBY%U:O<&4R-I]IY)4IMV[6SG.1TI<7\+1X6Q&"H1QKQGUNE*I=TO9<O+/DM
M93G>^][KT'P%QK+C7"9AB99<LN^H5H4E%5G6Y^>GS\UW3I\MMK6?J?2-?('W
MQS/C#QCX:\ ^'[_Q1XMU:UT71--0-<7ERQ^9VXBMK:% TEW>2L-L<$*/([<*
MI[=N7Y?C,TQ=+ X"A+$8FL[1A'LMY2;LHQBM92DU%+=GGYIFN7Y)@:V8YGBH
M83!X=7E.;Z[1A&*O*<Y/2,()RD]$C\[O%W_!1:TM]0EMO _P]>_TZ*1UCU+Q
M)JQLI[E$8JKKI>GV\HMU8#<-UX[8(RH.0/UG >$LW2C+,\V5*JUK3P]+G47V
M]I4E'FMUM!+LV?AF9^.L(5I0R?(G6H1=E5Q=;V<II=51I0GR7Z7JM]TGH:/@
M;_@HAH=]?PV7C_P/<:#:2R+&VM:!J#:M#;!N#+<Z5<6L,_DJ>6,$\\F =L3'
M K',O";$TJ4JF59G'%5(JZHUZ?LG*W2-2,I0N^BE&,>\D;Y/XY82K6A2SO)Y
M8*E)I.OAJKKQAYSHRA"?*NKA*<DMH/8_1/1M9TKQ#I.GZ[H=];ZGI&JVD-]I
MU_:/YEO=6LZ!XIHVP#@J>00&4@JP# @?DN(PU?!UZV%Q-*5#$8>;A4IS5I0E
M%V::\ON>ZT/W3"8O#8[#4,9@ZT<1A<3"-2E5@[PG"2O&47V:^:V:3/#?C9^T
MK\//@?''::W-<:SXHN8%GL_"VCF%[\0N2([K4IY6$6E6;$':TFZ5P"8H9 K%
M?IN&^#LVXD;J8:,<-@:<N6>)JW4+K>-.*7-5FNJC:,?M2C=7^/XNX_R/A",:
M6+E+%YC4CS4\'0Y74Y7M.K*34:--VT<KRE]B$K.WQ3-_P4<\0_:V:V^&&C)8
MA_D@F\17TET8P3@-=)IJ1JY&.1;D#T-?HL?"/!JFE/.JSJVWCAX*%_\ "ZC=
MO^WC\EGX[8_VO[OAW#QH)Z1EBJCG;_$J*C?_ +<MZGU5\$?VO/AY\8;Z#PY-
M!<>#?&$X(M-%U6XAN+/571-[1:-JT:1+<W(4,?L\T%M*P4^4LH5BOQ'$G .;
M</4I8N,XYAE\/BK4HN,Z2V3JTG=QCTYXRG%?:<;J_P"D<(^)^1\45H8"<)Y3
MFL_@P]:490K-*[5"LE%3DDF_9RC3FU\,9)-KO?V@_C)+\#? MMXRBT"/Q&T_
MB"PT/^SY-1;2U1;VSU&Z-S]I6RNB2GV +L\OGS<[AMY\OA3AY<2YG++GBGA%
M&A4K<ZI^T_ARA'EY>>&_/O?2VQ[/&_%4N#\FIYK'!+'N>)I8?V3J^QM[2%27
M/S*%3;V=K<NM]]#P_P" _P"VCI_Q>\=P>!=8\(Q>$;K4K*ZET2\373JD=]J%
MH@N'TUXY-,M/)DDLDN98W#/N:V\O&Z1:^DXF\.ZN097+,\/CWCX4)Q5:'L?9
MNG3F^55$U4J72FXQDK*RDG>R9\AP;XKT.)\YAD^*RQ974KTYRP\UB/:JI5IK
MF=)ITJ7*Y4U.47=W<'&UVC[C)"@DD*%&23P !U)/8 5^:G[!MY)'YL^,/^"A
M-GH?BG7=%\/?#Z#Q#H^EZI=:?8:X_B=[+^U(K64P&^CM4T.<16\LB.\7[UB8
MV0G!) _8,O\ "BIB<%A*^*S5X3$5Z<)SHK#*?LG-<R@Y>VC>44TI>ZK2NNES
M\#S3QPI8+,,=A<#D<<=A,+5G2IXAXMT_;*F^5U%!8>?+&4DW#WG>-GI>R_0C
MPIK9\2^%_#?B(VXLSKV@Z/K1M!+YPM3JFGV]\;<3%$\T1F?9OV)NVYVC.!^4
MX[#?4L;B\&I\ZPE>K14K6YO9SE#FM=VORWM=VVNS]ORW%_7\NP&.]G[)XW#4
M*_)?FY/:THU.7FLN;EYK7LKVO9'EG[0'QLL?@5X(C\4SZ8FMZA?:M::1I.BM
M>_V?]LFE66XNI7N5MKAHH8+.WF<L(6R[0H=OF CV^%>'*O$V9/ QK?5:-*E*
MK5K<G/R15HQ7+S13<IRBDN9:<SUM8^<XVXMH\&Y1',9X=8NO6K0H4:'M/9>T
ME*\IMSY9M1ITXRDVHO7ECIS7/GSX*?MN6WQ4^(6C^!=6\$P>%1KJ7<.GZFGB
M%]34ZE!;O=6]E) ^CVH07"0S1HXD)\UHD"G?D?5<1>&\\CRG$9GA\Q>-^J.#
MG2]A[/\ =N2C*:DJL_@;BVN7X;NZL?$<)>+M/B//,)DV)RB.6K&*I&E66)]J
MO:PBYPIN+HT[<ZC)1?-\7*K/FT^]:_,#]G"@ H ^%?VY?'_]C^#=$\ 64^V\
M\57O]I:HB,0R:+H\B-!%( 1M6XU5H74]_P"RY17S/$F*]GAZ6%B[2KOFE_@A
MLOG*W_@+/ROQ2S?ZMEN%R>E*U3'S]K52>OL*+32:[3J\MO\ KW)'QO\ #J<?
M#CX/_%'XM2GR-7U:V'PL\"N?DD&J^(8?/\1:A:EONSV.AIOCE4$;I)$)!-?2
M^$/#W]L\24*U6GS8;!OVL]-.2BXS:?\ CJ>RI^DI>9^7X&O_ &!POQ!Q%?DQ
M6)BLIR]]?;8E7Q-6/5.C05U)=4T???[%OQ''CSX+Z5IEU/YFL^ YO^$5O58G
MS&T^WC6;0+C:23Y7]F.EHK?Q-IDIK[WQ%RC^S.(J]:G#EPV:+ZU"RLE.3M7B
MO-5$YVZ*I$_5_";/?[8X2PV&JSYL7DDOJ52[O)TH)2PTWY>Q:IWZRI2/&/\
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MI&K*-G3C"M*M[2%*6OM8R<Y222A.',[?<_\ PLWX=V7@CQ1KG@[7_"VNZ3X
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MV$?CCH5[-%X?M]#\7Z>'(M[W3=8L]+G>+C:;FQUN:U,$WJD4MPHQQ(W6OVW
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M);R ;,Y(+$?=KYK@3.L!D.=3QN95)T\/+"U:2<(.H^>4Z3BN6.MK1>O0^O\
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MOPWH'BC3H-0M=/\ $6C:9KEE;:M8SZ9JEO::K9PWUO#J.G7($MC>I%.BRP2
M-&X93RM&WR%M\CS3QQ\"?"7C_7I/$6L>(OBGIE[):VUHUKX3^+7Q$\'Z.([5
M62-TT7PYXBL[**=@WSRI 'D(!<D\T?H-.WR\CC_^&5/A]_T./QX_\2"^,/\
M\V- <S\ON0?\,J?#[_H<?CQ_XD%\8?\ YL: YGY?<BQ:?LN> ;*ZMKN+Q?\
M')Y+2XAN$2X^/OQ=N+=W@D654G@E\7LDT+,H#1N"K*2I!!-&WR"[\E\CZ0Z?
MA_2@04 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % '_
!V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
