Algoma Steel Group Inc. (TSX:ASTL)

Canada flag Canada · Delayed Price · Currency is CAD
6.91
+0.41 (6.31%)
Apr 13, 2026, 4:00 PM EST
Market Cap726.20M -16.4%
Revenue (ttm)2.09B -15.3%
Net Income-984.90M
EPS-9.06
Shares Outn/a
PE Ration/a
Forward PEn/a
Dividend0.07 (1.01%)
Ex-Dividend DateMay 13, 2025
Volume970,676
Average Volume689,502
Open6.49
Previous Close6.50
Day's Range6.46 - 6.95
52-Week Range4.20 - 9.92
Beta1.54
RSI70.43
Earnings DateMay 7, 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 tube 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, ... [Read more]

Industry Steel
Sector Materials
Founded 1901
Employees 2,400
Stock Exchange Toronto Stock Exchange
Ticker Symbol ASTL

Financial Performance

In 2025, Algoma Steel Group's revenue was 2.09 billion, a decrease of -15.27% compared to the previous year's 2.46 billion. Losses were -984.90 million, 608.6% more than in 2024.

Financial Statements

News

Roshel Algoma Defence Partnership to Strengthen Canada's Defence Industrial Base

Two proven Canadian defence suppliers establish Roshel Algoma Defence Solutions Inc. (“RADS” or “Roshel Algoma Defence”) to deliver sovereign ballistic steel solutions Two proven Canadian defence supp...

6 days ago - GlobeNewsWire

Algoma Steel Group Inc. Provides Guidance for the First Quarter 2026

SAULT STE. MARIE, Ontario, March 31, 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 s...

13 days ago - GlobeNewsWire

Algoma Steel Fourth-Quarter Loss Widens With Tariff Costs

The Canadian steelmaker reported a quarterly loss of C$364.7 million, compared with a loss of C$66.5 million a year earlier.

4 weeks ago - WSJ

Algoma Steel Group Inc. Reports Financial Results for the Three and Twelve Months Ended December 31, 2025

Blast Furnace Shutdown Completed; Fully Transitioned to EAF Steelmaking Fourth Quarter Results In-Line with Previously Announced Expectations SAULT STE. MARIE, Ontario, March 11, 2026 (GLOBE NEWSWIRE)...

4 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

Algoma Steel Group, Inc. Announces Leadership Transition

CFO Rajat Marwah to Succeed Michael Garcia as CEO Effective January 1, 2026 as Part of Planned Succession and Leadership Transition

5 months ago - GlobeNewsWire

Algoma Steel Group Reports Financial Results for the Third Quarter 2025

Third Quarter Results In Line with Previously Announced Expectations Advances EAF Ramp-Up and Strengthens Liquidity with $500 Million in Government Support SAULT STE. MARIE, Ontario, Oct. 29, 2025 (GL...

5 months ago - GlobeNewsWire

Algoma Steel Group Inc. to Announce 2025 Third Quarter Results October 29, 2025

SAULT STE. MARIE, Ontario, Oct. 20, 2025 (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...

6 months ago - GlobeNewsWire

Algoma Steel Provides Guidance for the Third Quarter 2025 and Announces Board Update

SAULT STE. MARIE, Ontario, Oct. 01, 2025 (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...

6 months ago - GlobeNewsWire

Support for Algoma Steel a start but Steelworkers want guarantees and transparency

SAULT STE. MARIE, Ontario, Sept. 29, 2025 (GLOBE NEWSWIRE) -- The United Steelworkers union (USW) is responding to today's announcement that the federal government will provide a $400 million loan thr...

7 months ago - GlobeNewsWire

Algoma Steel Secures C$500 Million Liquidity Support from Governments of Canada and Ontario

SAULT STE. MARIE, Ontario, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma” or the “Company”) (NASDAQ: ASTL; TSX: ASTL) today announced the execution of binding term sheets to secu...

7 months ago - GlobeNewsWire

Algoma Steel Announces Upsizing of Asset-Based Revolving Credit Facility

SAULT STE. MARIE, Ontario, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma” or the “Company”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sh...

7 months ago - GlobeNewsWire

Algoma Steel Group Inc. Reports Financial Results for the Second Quarter 2025

Consolidated Revenue of $589.7 Million Net Loss of $110.6 Million and Adjusted EBITDA Loss of $32.4 Million Achieved First Arc and First Steel Production from Transformative Electric Arc Furnace (EAF)...

9 months ago - GlobeNewsWire

Algoma Steel Comments on Ongoing Trade Impasse and Prolonged Tariff Environment

SAULT STE. MARIE, Ontario, July 24, 2025 (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...

9 months ago - GlobeNewsWire

Algoma Steel Group Inc. Announces Filing of Base Shelf Prospectus

SAULT STE. MARIE, Ontario, July 18, 2025 (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...

9 months ago - GlobeNewsWire

Algoma Steel Announces Conference Call and Provides Guidance for the Second Quarter 2025

SAULT STE. MARIE, Ontario, July 15, 2025 (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...

9 months ago - GlobeNewsWire

Algoma Steel Announces First Arc and First Steel Production from its New Electric Arc Furnace Unit One

SAULT STE. MARIE, Ontario, July 10, 2025 (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...

9 months ago - GlobeNewsWire

Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders

SAULT STE. MARIE, Ontario, June 24, 2025 (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...

10 months ago - GlobeNewsWire

Algoma Steel Releases 2024 Sustainability Report

SAULT STE. MARIE, Ontario, June 04, 2025 (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...

11 months ago - GlobeNewsWire

Algoma Steel Group Reports Financial Results for the First Quarter 2025

Consolidated Revenue of $517.1 Million Shipments of 470K Tons, with an 11% Quarter over Quarter increase in Plate Product Shipments, at 91K Tons Net Loss of $24.5 Million and Adjusted EBITDA Loss of $...

1 year ago - GlobeNewsWire

Algoma Steel to Announce 2025 First Quarter Results April 29, 2025

SAULT STE. MARIE, Ontario, April 22, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sh...

1 year ago - GlobeNewsWire

Algoma Steel Warns of Effects of Tariffs on Operations

The Canadian producer of hot- and cold-rolled-steel products said it is currently assessing the effect of the tariffs, after President Trump reinstated a blanket 25% tariff on steel imports.

1 year ago - WSJ

Algoma Steel Group Reports Financial Results for the Three and Nine Months Ended December 31, 2024

Calendar Fourth Quarter Results In-Line with Previously Announced Expectations Reaffirmed Outlook on Transformative Electric Arc Furnace (EAF) Project, Including First Arc in April SAULT STE. MARIE, O...

1 year ago - GlobeNewsWire