The companies said their joint venture will establish a Canadian center of excellence for ballistic steel production, delivering metal fabrication, forming, welding and machining. 

“Algoma Steel is ready to enhance Canada's defense capacity, starting now. This partnership with Roshel puts our production capabilities, our workforce, and our Sault Ste. Marie facilities directly in service of Canada's national security. Buy Canadian isn't just a policy for us, it's a strategy and a commitment to hundreds of good jobs,” said Rajat Marwah, chief executive officer of Algoma Steel. 

Canada’s government has been investing heavily in its defense in alignment with the new Defense Industrial Strategy’s intention to strengthen sovereign industrial capabilities and Buy Canadian policies. In addition to ballistic steel solutions for Canadian defense, it will also support using ballistic steel in other industries including infrastructure, marine, aerospace and security platforms, the companies said. 

“Canada’s Light Utility Vehicle (LUV) procurement, which is expected to deliver thousands of vehicles for the Canadian Armed Forces, represents a cornerstone opportunity for Roshel, as a Canadian armored vehicle manufacturer of combat proven platforms with a strong operational track record, to strategically partner with the Government of Canada to deliver a fully domestic solution using Canadian ballistic steel produced in Ontario,” said Roman Shimonov, chief executive officer of Roshel.