Algoma Steel forms joint venture with armoured vehicle company Roshel

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SAULT STE. MARIE - Algoma Steel Group Inc. has signed a deal to form a joint venture with Canadian armoured vehicle company Roshel Inc. 

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SAULT STE. MARIE – Algoma Steel Group Inc. has signed a deal to form a joint venture with Canadian armoured vehicle company Roshel Inc. 

The company says Roshel Algoma Defence will enable production of ballistic steel for military vehicles as well as other industries.

The partnership will include metal fabrication, forming, welding, and machining in Canada.

Roshel armoured vehicles are seen at the Canadian Association of Defence and Security Industries annual defence industry trade show CANSEC, in Ottawa, on Wednesday, May 28, 2025. THE CANADIAN PRESS/Justin Tang
Roshel armoured vehicles are seen at the Canadian Association of Defence and Security Industries annual defence industry trade show CANSEC, in Ottawa, on Wednesday, May 28, 2025. THE CANADIAN PRESS/Justin Tang

Based in Brampton, Ont., Roshel designs and builds armoured vehicles for the military and law enforcement customers.

Algoma Steel chief executive Rajat Marwah says the company is ready to enhance Canada’s defence capacity.

Faced with U.S. steel tariffs, the company has been working to become a supplier of high-quality steel plates needed for infrastructure, manufacturing and defence in Canada.

This report by The Canadian Press was first published April 8, 2026.

Companies in this story: (TSX:ASTL)

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