Algoma Steel Donates $10,000 Toward St. Vincent Place Lunches for Learning

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Algoma Steel Inc.

Algoma Steel Inc. today announced a donation of $10,000 to St. Vincent Place to support their Lunches for Learning program. Lunches for Learning provides children in the Sault Ste. Marie area who are food insecure with healthy meals.

The announcement is part of the Company’s commitment to help the local community where it operates. Building a partnership with St. Vincent Place will help ensure that local students are not worrying about where their next meal will come from.

“With 1 in 5 children at risk of going to school hungry, the Lunches for Learning program is helping many families provide meals for their children so they can focus on learning instead of hunger,” Algoma Steel Chief Executive Officer Michael McQuade said. “People in our community sometimes need assistance and this is our way of giving back. We are proud to support this organization as they work to help put healthy food in local homes.”

Lunches for Learning
Image courtesy of St. Vincent Place

“We want to thank Algoma Steel for their generosity with this donation. This contribution will help us provide school-safe lunch food packages to the 100 families – 200 children – currently enrolled for the remainder of the calendar year. It also provides the comfort we need to expand the program, allowing us to serve an additional 30 more families currently on the waitlist.” said Nat Cicchelli, St. Vincent Place General Manager.

Learn more about Lunches for Learning and St. Vincent Place’s other services at
https://www.vincentplacessm.ca/.

About Algoma Steel Inc.

Based in Sault Ste. Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate. With a current raw steel production capacity of an  estimated 2.8 million tons per year, Algoma’s size and diverse capabilities enable it to deliver responsive, customer-driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada. The Company’s mill is one of the lowest cost producers of hot rolled sheet steel (HRC) in North America owing in part to its state-of-the-art Direct Strip Production Complex (“DSPC”), which is the newest thin slab caster in North America with direct coupling to a basic oxygen furnace (BOF) melt shop.

Algoma has achieved several meaningful improvements over the last several years that are
expected to result in enhanced long-term profitability for the business. Algoma has upgraded its DSPC facility and recently installed its No. 2 Ladle Metallurgy Furnace. Additionally, the Company has cost cutting initiatives underway and is in the process of modernizing its plate mill facilities.

Today Algoma is returning to its roots as a customer-focused, entrepreneurial company with the courage and growing capability to meet the industry’s challenges head-on. It is investing in its people and processes, optimizing and modernizing so that it might continue to be your partner in steel.

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