Algoma Steel Group Inc. (TSX:ASTL)

Canada flag Canada · Delayed Price · Currency is CAD
6.87
-0.05 (-0.72%)
At close: Feb 11, 2026
Market Cap721.56M -43.3%
Revenue (ttm)2.21B -11.0%
Net Income-770.37M
EPS-7.09
Shares Outn/a
PE Ration/a
Forward PEn/a
Dividend0.14 (2.05%)
Ex-Dividend DateMay 13, 2025
Volume757,261
Average Volume887,827
Open6.97
Previous Close6.92
Day's Range6.82 - 7.25
52-Week Range4.20 - 11.89
Beta1.56
RSI46.95
Earnings DateJan 28, 2026

About Algoma Steel Group

Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. The company offers flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products consisting of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridg... [Read more]

Industry Steel
Sector Materials
Founded 1901
Employees 2,818
Stock Exchange Toronto Stock Exchange
Ticker Symbol ASTL
Full Company Profile

Financial Performance

Financial Statements

News

Algoma Steel submarine commitment ‘exciting news’ for the Sault, says defence expert

If South Korea-based Hanwha Ocean wins a bid to build 12 new submarines for Canada's defence, the company will send Algoma Steel $345 million for a new structural steel beam mill and products

15 days ago - CBC News

Algoma Steel (ASTL) Secures C$345M Deal for New Beam Mill

Algoma Steel (ASTL) Secures C$345M Deal for New Beam Mill

16 days ago - GuruFocus

Algoma Steel receives $345M commitment from South Korean shipbuilder

An agreement between Algoma Steel and Hanwha Ocean would allow for the creation of a new structural steel beam mill in Sault Ste. Marie, which the federal government says could create hundreds of new ...

17 days ago - CBC News

Algoma Steel (ASTL) Engages in Strategic Deal with Hanwha Ocean

Algoma Steel (ASTL) Engages in Strategic Deal with Hanwha Ocean

17 days ago - GuruFocus

Algoma Steel and Hanwha Ocean Sign Binding Memorandum of Understanding (MOU) for Long-term Strategic Arrangement supporting Canadian Patrol Submarine Project

SAULT STE. MARIE, Ontario, Jan. 26, 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 she...

17 days ago - GlobeNewsWire

Algoma Steel expects Q4 losses of $95M-$105M

As U.S. tariffs take a toll, Algoma Steel has announced it expects fourth-quarter losses of between $95 million and $105 million.

4 weeks ago - BNN Bloomberg

Algoma Steel Sees Q4 Loss on Tariffs and Blast Furnace Wind-Down

ASTL releases Q4 2025 guidance, forecasting 375k-380k tons shipped and negative EBITDA as tariffs and blast furnace wind-down weigh results.

4 weeks ago - Nasdaq

Canadian-Indian worker seeks ‘special exemption’ amid mass layoffs: ‘My daughter’s...’

Rest of World News: As Algoma Steel plans to lay off around 1,000 workers in Ontario this March, Mayurkumar Lad is worried about more than just losing his job.The 38-year.

4 weeks ago - The Times of India

Algoma Steel (ASTL) Projects Negative Q4 2025 EBITDA

Algoma Steel (ASTL) Projects Negative Q4 2025 EBITDA

4 weeks ago - GuruFocus

Algoma Steel sees Q4 adjusted EBITDA loss of up to C$105M

Algoma Steel (ASTL) forecasts Q4 2025 adjusted EBITDA of -C$95M to -C$105M and 375K–380K tons shipped amid tariffs.

4 weeks ago - Seeking Alpha

With layoffs looming, Algoma Steel immigrant worker worried about family’s future in Canada

One of 1,000 employees losing their jobs in Sault Ste. Marie this March, Algoma Steel worker Mayurkumar Lad says his permanent residency application with the Ontario Immigrant Nominee Program could fa...

4 weeks ago - CBC News

Algoma Steel (ASTL) Offers Insight into Fourth Quarter Projections

Algoma Steel (ASTL) Offers Insight into Fourth Quarter Projections

4 weeks ago - GuruFocus

Algoma Steel Provides Guidance for the Fourth Quarter of 2025

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 she...

4 weeks ago - GlobeNewsWire

Algoma Steel (ASTL) Faces Tariff Challenges Amid Strategic Shift

Algoma Steel (ASTL) Faces Tariff Challenges Amid Strategic Shift

5 weeks ago - GuruFocus

This Betterware de México Analyst Begins Coverage On A Bullish Note; Here Are Top 2 Initiations For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...

5 weeks ago - Benzinga

Action centre launched for Algoma Steel workers seeking support

More than 20 per cent of the 1,000 workers to be laid off at the steel mill in Sault Ste. Marie next year have registered for employment advice

7 weeks ago - CBC News

'Everybody I know is affected': northern Ontario city trying to stay optimistic in the face of 1,000 layoffs

The news that 1,000 people could lose their jobs at Algoma Steel in the new year is settling in for Sault Ste. Marie. But those who have been through the ups and downs of the steel industry before are...

2 months ago - CBC News

Algoma Steel loan about ‘saving the furniture’: Jobs minister

Job and Families Minister Patty Hajdu is defending the federal government’s decision to provide Algoma Steel with nearly half a billion dollars in loans, despite knowing the company would be issuing l...

2 months ago - BNN Bloomberg

Federal minister says 500 laid off employees at northern Ontario steel mill could be rehired in 2026

The federal government says roughly half of the workers expected to be laid off at Algoma Steel will be eligible to be rehired by the end of next year.

2 months ago - CBC News

Demand for Christmas Cheer in Sault Ste. Marie climbs amid Algoma Steel layoffs

Volunteers with the charitable organization in Sault Ste. Marie, Ont. may fill as many as 2,400 orders of curated Christmas gifts for families in need — the highest ever

2 months ago - CBC News

Federal government, Ontario defend loan to Algoma despite knowing layoff plans

The federal and Ontario governments are defending their decision to loan hundreds of millions of dollars to Algoma Steel, despite knowing the company’s business plan to lay off workers.

2 months ago - BNN Bloomberg

Algoma Steel CEO: Feds knew about plans for layoffs before giving $400M loan

The head of Algoma Steel says the federal government and Government of Ontario knew the company’s business plan included a re-tooling of its Sault Ste. Marie plant that would result in layoffs before ...

2 months ago - BNN Bloomberg

Trump’s ‘tariff shock’ forced layoffs, Algoma Steel CEO says

Algoma Steel CEO Michael Garcia says tariffs imposed by the United States have effectively “closed off” the U.S. market, forcing the painful layoffs of 1,000 employees.

2 months ago - BNN Bloomberg