# Algoma Steel extends iron ore purchase contract with U.S. Steel for two years

Algoma Steel Group Inc. extended its existing iron ore purchase contract with United States Steel Corporation for two years, with an option to further extend for a third year. The contract covers expected volumes needed for Algoma's transition from blast furnace to electric arc furnace steelmaking.

- Type: Contract
- Announced: 2023-11-10
- Where: Canada
- Status: announced
- Products: iron ore
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [United States Steel Corporation](https://endata.com/companies/15282.md) (supplier)
- [Algoma Steel Inc.](https://endata.com/companies/15428.md) (customer)

## Sources

- [lsc-pagepro.mydigitalpublication.com](https://lsc-pagepro.mydigitalpublication.com/publication/?i=806083&p=37&view=issueViewer), 2023-11-10: "Algoma Steel Group Inc., a leading Canadian producer of hot- and cold-rolled steel sheet and plate products, has extended its existing iron ore purchase contract with United States Steel Corporation for two years."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.