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Algoma Steel Group Inc. Common Shares

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$4.96

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$4.96

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$0 - $0

Previous Day Range

$4.94 - $5.15

Market Cap

$525.7 million USD

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Previous Day Vol.

645747

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USD

Primary Exchange

Nasdaq

Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slab...

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Recent News

Michael Garcia (Ceo) - Algoma Steel Group Inc. Reports Financial Results for the Second Quarter 2025

Algoma Steel reported a net loss of $110.6 million in Q2 2025, experiencing significant challenges from tariffs, weak steel market demand, and pricing pressures. The company achieved its first electric arc furnace steel production, marking a key milestone in its green steel transformation strategy.

Related tickers: ASTL, ASTLW.

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Michael Moraca - Algoma Steel Announces Conference Call and Provides Guidance for the Second Quarter 2025

Algoma Steel expects to ship approximately 472,000 tons of steel in Q2 2025, with an Adjusted EBITDA range of ($30) million to ($35) million. The company has achieved first arc and first steel production from its electric arc furnace project, signaling progress in its transformation to a greener steel producer.

Related tickers: ASTL, ASTLW.

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