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Home > Company Index > Metals & Mining > Steel Production > Algoma Steel Inc.

Algoma Steel Inc.
OTC: ALGSF
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 PROFILE
Honesty may be the best policy, but "steeling" is the policy for Algoma Steel. Algoma Steel's core product, sheet steel (nearly 75% of sales), is sold to the automotive, light manufacturing, and service center industries. The company's other products are plate steel for the railroad and shipbuilding industries and blank steel products for the automotive industry. Algoma Steel has discontinued its seamless tubular and structural product lines to focus on specialty products (sheet and plate products) at the company's direct-strip plant. The company gets its iron ore from the Tilden Mine in Ishpeming, Michigan.

 COMPETITION
Dofasco Inc. (DFS)
Stelco, Inc. (STE)
USX-U.S. Steel Group (X)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 748.60
1-Yr. Sales Growth: (3.5)%
Employees: 3,700
Revenue per employee: $202,324.32

 KEY PEOPLE
• Alexander Adam
    CEO
• Glen P. Manchester
    CFO

 CONTACT INFO
105 West St., Box 1400
Sault Ste. Marie Ontario P6A 7B4, Canada
Phone: 1-705-945-2351
Fax: 1-705-945-2203
Online: Web Site

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