Algoma Steel Provides Guidance for the Fourth Quarter of 2025 [Canadian Business Journal (Canada)]
Algoma Steel Group Inc. (ASTL)
Company Research
Source: Canadian Business Journal
SAULT STE. MARIE, Ontario, Jan. 08, 2026 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its quarter ended December 31, 2025. Unless otherwise specified, all amounts are in Canadian dollars.Total steel shipments for the quarter are expected to be in the range of 375,000 to 380,000 tons and Adjusted EBITDA is expected to be in the range of negative $95 million to negative $105 million.Rajat Marwah, Chief Executive Officer of Algoma, commented, “Our fourth-quarter results were in line with expectations, reflecting the continued impact of steel tariffs and the previously announced wind-down of our blast furnace operations, which are expected to conclude in the coming days. We are encouraged by the ongoing ramp-up of the first unit of our Electric Arc Furnace (“EAF”) project, which is now operating 6 days per week, and we remain o
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ASTL
Earnings
- 10/29/25 - Miss
ASTL
Sec Filings
- 1/9/26 - Form 6-K
- 12/2/25 - Form 6-K
- 12/1/25 - Form 6-K
- ASTL's page on the SEC website