<SEC-DOCUMENT>0000814375-25-000021.txt : 20250513
<SEC-HEADER>0000814375-25-000021.hdr.sgml : 20250513
<ACCEPTANCE-DATETIME>20250513140220
ACCESSION NUMBER:		0000814375-25-000021
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250513
DATE AS OF CHANGE:		20250513

SUBJECT COMPANY:	

	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
		EIN:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-93490
		FILM NUMBER:		25939009

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DONALD SMITH & CO., INC.
		CENTRAL INDEX KEY:			0000814375
		ORGANIZATION NAME:           	
		EIN:				132807845
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		152 W. 57TH STREET
		STREET 2:		29TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-284-0990

	MAIL ADDRESS:	
		STREET 1:		152 W. 57TH STREET
		STREET 2:		29TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH DONALD & CO INC /NJ/
		DATE OF NAME CHANGE:	19990329
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000814375</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/31/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001860805</issuerCik>
        <issuerName>Algoma Steel Group Inc.</issuerName>
        <issuerCusip>015658107</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>105 WEST STREET</com:street1>
          <com:city>SAULT STE. MARIE</com:city>
          <com:stateOrCountry>A6</com:stateOrCountry>
          <com:zipCode>P6A 7B4</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>DONALD SMITH &amp; CO., INC.</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>7707837.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>8016707.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>8088120.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>7.7</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>DSCO Value Fund, L.P.</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>71413.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>71413.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>8088120.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>7.7</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Algoma Steel Group Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>105 WEST STREET, SAULT STE. MARIE, ONTARIO, CANADA, P6A 7B4.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Donald Smith &amp; Co., Inc.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>152 West 57th Street, 29th Floor
New York, NY 10019
</principalBusinessOfficeOrResidenceAddress>
        <citizenship>A Delaware Corporation	</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>8,088,120</amountBeneficiallyOwned>
        <classPercent>7.71%	</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>SOLE POWER TO VOTE:
		 Donald Smith &amp; Co., Inc. 	7,707,837
		 DSCO Value Fund, L.P.	71,413
</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>SHARED POWER TO VOTE:		SEE ITEM 6 </sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>SOLE POWER TO DISPOSE:
		 Donald Smith &amp; Co., Inc. 	8,016,707
		 DSCO Value Fund, L.P.	71,413
</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>SEE ITEM 6 </sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
        <classOwnership5PercentOrLess>N</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>1. Donald Smith &amp; Co., Inc. does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client?s custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the institutional clients which Donald Smith &amp; Co., Inc. serves as investment advisor. Any and all discretionary authority which has been delegated to Donald Smith &amp; Co., Inc. may be revoked in whole or in part at any time. To the knowledge of Donald Smith &amp; Co., Inc., with respect to all securities reported in this schedule owned by advisory clients of Donald Smith &amp; Co., Inc., not more than 5% of the class of such securities is owned by any one client.2. With respect to the remaining securities owned, various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Algoma Steel Group Inc.  No one person?s interest in the Common Stock of Algoma Steel Group Inc. is more than five percent of the total outstanding Common Stock.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>SCHEDULE 13G - TO BE INCLUDED IN
STATEMENTS
	FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
	RULE 13d-1(f)(1)  EXHIBIT A:

Donald Smith &amp; Co., Inc.	IA
DSCO Value Fund, L.P. 	PN





SCHEDULE 13G - TO BE INCLUDED IN
STATEMENTS
	FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
	RULE 13d-1(f)(1)  AGREEMENT

	The undersigned persons, on April 30, 2025,
agree and consent to the joint filing on their behalf of this
Schedule 13G in connection with their beneficial ownership
of the Common Stock of Algoma Steel Group, Inc. at
March 31, 2025.


	Donald Smith &amp; Co., Inc.

	By /s/ Richard L. Greenberg
	Richard L. Greenberg
	CEO &amp; Co-CIO
	Duly authorized by and on behalf of Donald Smith &amp; Co., Inc.


	DSCO Value Fund, L.P.

	By /s/ Richard L. Greenberg
	Richard L. Greenberg
	CEO &amp; Co-CIO
	Duly authorized by and on behalf of DSCO Value Fund, L.P


</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>DONALD SMITH &amp; CO., INC.</reportingPersonName>
      <signatureDetails>
        <signature>Richard L. Greenberg</signature>
        <title>CEO and Co-CIO</title>
        <date>05/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>DSCO Value Fund, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>Richard L. Greenberg</signature>
        <title>CEO and Co-CIO</title>
        <date>05/13/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
