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Algoma Steel

3.99 USD
-0.02
0.5%
At close Updated Aug 25, 4:00 PM EDT
Pre-market
After hours
3.98
-0.01
0.25%
1 day
-0.5%
5 days
-4.55%
1 month
-9.11%
3 months
-19.88%
6 months
-12.11%
Year to date
1.79%
1 year
-20.99%
5 years
-65.98%
10 years
-65.98%
 

About: 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, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.

Employees: 2,818

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 0%
Neutral 81.8%
Negative 18.2%
Neutral
GlobeNewsWire
9 days ago
Algoma Steel Group Inc. Reports Unplanned Outage at Lake Superior Power Plant
SAULT STE. MARIE, Ontario, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of steel plate and hot-rolled sheet products, today announced that it has experienced an unplanned outage at its Lake Superior Power (LSP) generating facility. One of the LSP turbine units detected an abnormal condition and was automatically taken offline. The remaining LSP units were not affected.
Algoma Steel Group Inc. Reports Unplanned Outage at Lake Superior Power Plant
Neutral
Seeking Alpha
26 days ago
Algoma Steel Group Inc. (ASTL) Q2 2026 Earnings Call Transcript
Algoma Steel Group Inc. (ASTL) Q2 2026 Earnings Call Transcript
Algoma Steel Group Inc. (ASTL) Q2 2026 Earnings Call Transcript
Neutral
MarketBeat
26 days ago
Algoma Steel Group Q2 Earnings Call Highlights
Algoma Steel Group NASDAQ: ASTL reported positive adjusted EBITDA in its second quarter of 2026 as the company continued its transition to electric arc furnace, or EAF, steelmaking, though lower shipment volumes and planned operational work remain headwinds heading into the third quarter.
Algoma Steel Group Q2 Earnings Call Highlights
Negative
Zacks Investment Research
27 days ago
Algoma Steel Group Inc. (ASTL) Reports Q2 Loss, Lags Revenue Estimates
Algoma Steel Group Inc. (ASTL) came out with a quarterly loss of $0.64 per share versus the Zacks Consensus Estimate of a loss of $0.51. This compares to a loss of $0.74 per share a year ago.
Algoma Steel Group Inc. (ASTL) Reports Q2 Loss, Lags Revenue Estimates
Neutral
GlobeNewsWire
27 days ago
Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended June 30, 2026
Adjusted EBITDA of $13.8 Million, In-Line with Previously Announced Expectations Second Consecutive Quarter of Record Plate Sales as Plate-First Strategy Scales EAF Unit Two Construction Nearing Completion, with First Steel Production Expected in the Third Quarter of 2026 SAULT STE. MARIE, Ontario, July 29, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of steel plate and hot-rolled sheet products, today announced results for the three-month period ended June 30, 2026.
Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended June 30, 2026
Negative
Zacks Investment Research
1 month ago
Algoma Steel Group Inc. (ASTL) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Legato Merger (ASTL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Algoma Steel Group Inc. (ASTL) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Neutral
GlobeNewsWire
1 month ago
Algoma Steel Group Inc. to Announce 2026 Second Quarter Results July 29, 2026
SAULT STE. MARIE, Ontario, July 16, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of steel plate and hot rolled sheet products, announced today that the Company will release its 2026 second quarter financial results after the market closes on Wednesday, July 29, 2026. A webcast and conference call will be held on Thursday, July 30, 2026 at 11:00 a.m. Eastern Time to review the Company's results, discuss recent events, and conduct a question-and-answer session.
Algoma Steel Group Inc. to Announce 2026 Second Quarter Results July 29, 2026
Neutral
GlobeNewsWire
1 month ago
Algoma Steel Group Inc. Provides Guidance for the Second Quarter 2026
SAULT STE. MARIE, Ontario, June 30, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of steel plate and hot rolled sheet products, today provided guidance for its quarter ended June 30, 2026. Unless otherwise specified, all amounts are in Canadian dollars.
Algoma Steel Group Inc. Provides Guidance for the Second Quarter 2026
Neutral
GlobeNewsWire
2 months ago
Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders
SAULT STE. MARIE, Ontario, June 23, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of steel plate and hot rolled sheet products, announced today the results of voting at its annual meeting of shareholders (the “Meeting”) held on June 23, 2026.
Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders
Neutral
GlobeNewsWire
2 months ago
Algoma Steel CEO walks away with $6.8 million in wake of 1,000 layoffs and billion-dollar loss
TORONTO, June 17, 2026 (GLOBE NEWSWIRE) -- The United Steelworkers union (USW) released the following statement today regarding the disclosure of 2025 executive compensation packages at Algoma Steel in Sault Ste. Marie: In December 2025, mere days before Christmas, Algoma Steel – under the leadership of Chief Executive Officer Michael Garcia – announced that more than 1,000 workers at its Sault Ste.
Algoma Steel CEO walks away with $6.8 million in wake of 1,000 layoffs and billion-dollar loss
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