Q2 2026 marked a full transition to EAF steelmaking, with shipping volume and revenue down sharply year-over-year but Adjusted EBITDA turning positive. Liquidity remains strong, and strategic focus is on Canadian markets and sustainability, despite ongoing macroeconomic and industry risks.Original…
Revenue fell sharply year-over-year due to the EAF transition and U.S. tariffs, but net loss improved on insurance proceeds and foreign exchange gains. Record plate sales and higher average prices supported positive Adjusted EBITDA, while liquidity remains strong.Original document: Algoma Steel Gro…
Adjusted EBITDA of $13.8 Million, In-Line with Previously Announced ExpectationsSecond Consecutive Quarter of Record Plate Sales as Plate-First Strategy ScalesEAF Unit Two Construction Nearing Completion, with First Steel Production Expected in the Third Quarter of 2026SAULT STE. MARIE, Ontario, Ju…
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 a…
