Algoma Steel Group Inc. (TSX:ASTL)

Canada flag Canada · Delayed Price · Currency is CAD
6.22
-0.10 (-1.58%)
At close: Dec 12, 2025
-56.62%
Market Cap655.24M
Revenue (ttm)2.21B
Net Income (ttm)-770.37M
Shares Outn/a
EPS (ttm)-7.09
PE Ration/a
Forward PEn/a
Dividend0.14 (2.23%)
Ex-Dividend DateMay 13, 2025
Volume508,298
Average Volume832,600
Open6.33
Previous Close6.32
Day's Range6.21 - 6.54
52-Week Range4.20 - 14.55
Beta1.56
RSI61.97
Earnings DateFeb 5, 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

'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...

1 day 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...

7 days 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.

8 days 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

8 days 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.

10 days 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 ...

10 days 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.

10 days ago - BNN Bloomberg

Algoma Steel is cutting 1,000 jobs. So why did it receive millions from the government?

Just over two months after it was announced Algoma Steel would receive $500 million in government loan guarantees, the steel producer said it was issuing 1,000 layoff notices to workers at its plant i...

11 days ago - CBC News

Algoma Steel (ASTL) Issues Layoff Notices Amid Tariff Challenges

Algoma Steel (ASTL) Issues Layoff Notices Amid Tariff Challenges

11 days ago - GuruFocus

Algoma Steel to cut 1,000 employees, citing Trump's tariffs

Algoma Steel said it issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, Ontario, citing "unprecedented tariffs" imposed by the US.

11 days ago - Seeking Alpha

Ontario-based Algoma Steel makes ‘difficult decision’ to issue 1,000 layoff notices

Reeling from high tariffs imposed by U.S. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers.

11 days ago - BNN Bloomberg

Algoma Steel to Cut 1,000 Workers Due to Tariffs

12 days ago - The Wall Street Journal

Algoma Steel to Cut 40% of Staff as Tariffs Crush Sales

Canadian steelmaker Algoma Steel Group Inc. will let go of 1,000 employees and close its blast furnace in northern Ontario within months as it seeks to stem losses resulting from US tariffs.

12 days ago - Financial Post

Hit hard by trade war, Algoma Steel issues 1,000 layoff notices

Reeling from high tariffs imposed by U.S. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers.

12 days ago - BNN Bloomberg

Northern Ontario steel mill issues layoff notices to 1,000 workers

Algoma Steel says it has issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, Ont.

12 days ago - CBC News

Algoma Steel (ASTL) Surges as Canada Boosts Domestic Steel Market

Algoma Steel (ASTL) Surges as Canada Boosts Domestic Steel Market

15 days ago - GuruFocus

Algoma Steel surges after Canada unveils more help for tariff-hit steel industry

Algoma Steel shares surged after Prime Minister Carney announced steps to provide more support to help Canada's steel and lumber industries cope with US tariffs and create a domestic market.

15 days ago - Seeking Alpha

MMCAP International Inc. SPC Increases Stake in Algoma Steel Group Inc.

MMCAP International Inc. SPC Increases Stake in Algoma Steel Group Inc.

18 days ago - GuruFocus

Algoma Steel (ASTL) Secures $500 Million Financing to Enhance Financial Flexibility

Algoma Steel (ASTL) Secures $500 Million Financing to Enhance Financial Flexibility

26 days ago - GuruFocus

Algoma Steel Completes $500 Million Government Financing Transaction

$400 million from the Canada Enterprise Emergency Funding Corporation (CEEFC) and $100 million from the Province of Ontario strengthening Algoma's balance sheet as the Company advances its EAF transit...

26 days ago - GlobeNewsWire

Donald Smith & Co Reduces Stake in Algoma Steel Group Inc

Donald Smith & Co Reduces Stake in Algoma Steel Group Inc

4 weeks ago - GuruFocus

Algoma Steel: Negative Earnings And Increasing Debt Putting Downward Pressure On Stock

Discover why Algoma Steel (ASTL) faces ongoing losses in 2025. Get insights on earnings, debt, and market outlook.

5 weeks ago - Seeking Alpha

Algoma Steel outlines accelerated EAF transition and $500M government support amid U.S. tariff disruption

Explore Algoma Steel's Q3 2025 earnings call for insights on tariff impacts, EAF transition, liquidity strategies, and future growth.

6 weeks ago - Seeking Alpha

Algoma Steel Group Inc. (ASTL) Q3 2025 Earnings Call Transcript

Algoma Steel Group Inc. ( ASTL) Q3 2025 Earnings Call October 30, 2025 11:00 AM EDT Company Participants Michael Moraca - Vice President of Corporate Development & Treasurer Michael Garcia - CEO & Di...

6 weeks ago - Seeking Alpha

Q3 2025 Algoma Steel Group Inc Earnings Call Transcript

Q3 2025 Algoma Steel Group Inc Earnings Call Transcript

6 weeks ago - GuruFocus