**U.S.      SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      40-F/A**

| (Check                One)                                 |                                                                                                                                 |
|------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------|
|                                                       |                                                                                                                                 |
| o                                                          | Registration                statement pursuant to Section 12 of the Securities Exchange Act of                1934                   |
|                                                       |                                                                                                                                 |
|                                                       | or                                                                                                                                   |
|                                                       |                                                                                                                                 |
| x                                                          | Annual                report pursuant to Section 13(a) or 15(d) of the Securities Exchange                Act                of 1934 |
|                                                       |                                                                                                                                 |
| For                the fiscal year ended December 31, 2004 |
| Commission                file number: 0-25870             |

**ALGOMA      STEEL INC.**

| **Province                of Ontario, Canada**(Province                or other jurisdiction of                incorporation                or organization) | **3312**(Primary                Standard IndustrialClassification                Code Number (if                applicable)) | **Not                Applicable**(I.R.S.                EmployerIdentification                Number (if                Applicable)) |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------|

**105      West Street**

**Sault      Ste. Marie, Ontario**

**Canada      P6A 7B4**

**Telephone:      (705) 945-2351**

**CT      Corporation System**

**111      Eighth Avenue - Team 1**

**New      York, New York 10011**

**Telephone:      (212) 590-9100**

**None**

**None**

**11%      Notes due 2009**

| x                Annual Information Form | x                Audited Annual Financial Statements |
|------------------------------------------|------------------------------------------------------|

----

| Yes                o | No                x |
|----------------------|---------------------|

| Yes                x | No                o |
|----------------------|---------------------|

----

**EXPLANATION        FOR AMENDMENT**

**UNDERTAKING**

**SIGNATURES**

|   | ALGOMA              STEEL INC. |
|--------|--------------------------------|
|   |                           |   |
|   | By:                            | /s/                GLEN MANCHESTER |
|   |                           | Glen                Manchester |
|   |                           | Vice                President - Finance and                Chief Financial Officer |

----

**EXHIBIT      INDEX**

| Exhibit | Description                                                                                                                                                                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                                                                                                                                                                             |
| 99.1    | Consent                  of Independent Accountants.                                                                                                                                                                                                                             |
|    |                                                                                                                                                                                                                                                                             |
| 99.2    | Certification                  of Chief Executive Officer pursuant to Rule 13a-14(a) or 15d-14                  of the                  Securities Exchange Act of 1934, as adopted pursuant to Section                  302 of the                  Sarbanes-Oxley Act of 2002. |
|    |                                                                                                                                                                                                                                                                             |
| 99.3    | Certification                  of Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14                  of the                  Securities Exchange Act of 1934, as adopted pursuant to Section                  302 of the                  Sarbanes-Oxley Act of 2002. |