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Algoma Steel Group Inc. operates as a key North American producer and distributor of steel products. The company's offerings include a diverse range of flat and sheet steels, such as temper-rolled, cold-rolled, hot-rolled pickled and oiled items, floor plates, and custom-cut lengths. These flat products serve critical sectors like the automotive industry, manufacturers of hollow structural products, and various light manufacturing and transportation businesses. Additionally, Algoma Steel supplies plate steel—in rolled, hot-rolled, and heat-treated forms—which is integral to the construction…
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. (NASDAQ: ASTL - Get Free Report) was the recipient of unusually large options trading on Monday. Stock investors acquired 2,626 call options on the stock. This is an increase of 1,541% compared to the typical volume of 160 call options. Wall Street Analysts Forecast Growth A number of equities research analysts recently
Algoma Steel Group Inc. (ASTL) Q2 2026 Earnings Call Transcript
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 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.