Algoma Steel expects shipments of 220K tons in Q1, down year-over-year [Yahoo! Finance Canada]
Algoma Steel Group Inc. - Common Shares (ASTL)
Company Research
Source: Yahoo! Finance Canada
In the first quarter of 2025, Algoma reported shipments of 469,731 tons. The company also says it expects its adjusted loss before deductions to be between $25 million and $35 million in the first quarter of this year. Algoma CEO Rajat Marwah says the first quarter of 2026 marked a defining moment for the company as it fully transitioned to electric arc furnace steelmaking. He says the transition comes after years of planning and nearly $1 billion in investment. Earlier this month, Algoma Steel reported its shipments during the fourth quarter were 378,533 tons, down 31 per cent year-over-year from 548,802 tons. This report by The Canadian Press was first published March 31, 2026. Companies in this story: (TSX:ASTL) The Canadian Press
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News
- Stifel Canada "Modestly Positive" About Algoma Steel's JV With Roshel [Yahoo! Finance]Yahoo! Finance
- Algoma Steel, Roshel Form JV For Canadian Ballistic-Steel Production Center [Yahoo! Finance]Yahoo! Finance
- Roshel Algoma Defence Partnership to Strengthen Canada’s Defence Industrial BaseGlobeNewswire
- Small caps to watch: Shares in Goeasy, Algoma Steel and High Liner expected to be active today [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Algoma Steel Group Inc. Provides Guidance for the First Quarter 2026 [Canadian Business Journal (Canada)]Canadian Business Journal
ASTL
Earnings
- 3/11/26 - Miss
ASTL
Sec Filings
- 4/10/26 - Form 6-K
- 4/7/26 - Form 6-K
- 4/1/26 - Form 6-K
- ASTL's page on the SEC website