Algoma Steel Group Inc. (ASTL)

NASDAQ: ASTL · Real-Time Price · USD
5.53
-0.08 (-1.43%)
Jun 3, 2026, 4:00 PM EDT - Market closed
Market Cap582.80M -3.4%
Revenue (ttm)1.34B -20.9%
Net Income-802.23M
EPS-7.38
Shares Out 105.39M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume934,700
Open5.66
Previous Close5.61
Day's Range5.51 - 5.71
52-Week Range3.02 - 7.25
Beta1.60
AnalystsHold
Price Targetn/a
Earnings DateMay 12, 2026

About ASTL

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 1902
Employees 2,400
Stock Exchange NASDAQ
Ticker Symbol ASTL
Full Company Profile

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 numbers in CAD Financial Statements

News

Algoma Steel price target raised to C$7 from C$6 at RBC Capital

RBC Capital raised the firm’s price target on Algoma Steel (ASTL) to C$7 from C$6 and keeps a Sector Perform rating on the shares.

Other symbols: ASTL
20 days ago - TheFly

Algoma Steel Group Earnings Call Transcript: Q1 2026

Transition to electric arc furnace operations drove a challenging but strategically pivotal Q1 2026, with record plate sales, improved pricing, and a path to breakeven EBITDA by year-end. Liquidity remains strong, and strategic initiatives reinforce long-term growth.

21 days ago - Transcripts

Algoma Steel Group Earnings release: Q1 2026

Algoma Steel Group released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.

21 days ago - Filings

Algoma Steel Group Slides: Q1 2026

Algoma Steel Group has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.

21 days ago - Filings

Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended March 31, 2026

EAF Unit 1 Fully Operational; Transition from Blast Furnace/Basic Oxygen Furnace to Electric Arc Furnace Steelmaking Complete

21 days ago - GlobeNewsWire

Algoma Steel Group Inc. to Announce 2026 First Quarter Results May 12, 2026

SAULT STE. MARIE, Ontario, April 30, 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...

4 weeks ago - GlobeNewsWire

Algoma Steel, Roshel form joint venture for ballistic steel production in Canada

Algoma Steel (ASTL) and Roshel have formed Roshel Algoma Defence, a joint venture to establish a Canadian Centre of Excellence for ballistic steel production. This partnership is built to deliver…

Other symbols: ASTL
2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

Algoma Steel sees Q1 adjusted EBITDA (C$25M)-(C$35M)

Algoma Steel (ASTL) Group provided guidance for its quarter ended March 31. Total steel shipments for the quarter are expected to be approximately 220,000 tons and Adjusted EBITDA is expected…

Other symbols: ASTL
2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

Algoma Steel Group Earnings Call Transcript: Q4 2025

Q4 and full year 2025 saw significant losses due to U.S. tariffs, lower shipments, and operational transition, but the EAF ramp-up and strategic pivot to the Canadian market are progressing. Plate products remain a bright spot, and liquidity is strong for ongoing transformation.

2 months ago - Transcripts

Algoma Steel Group Annual report: Q4 2025

Algoma Steel Group has published its Q4 2025 annual report on March 12, 2026.

2 months ago - Filings

Algoma Steel Group Earnings release: Q4 2025

Algoma Steel Group released its Q4 2025 earnings on March 12, 2026, summarizing the period's financial results.

2 months ago - Filings

Algoma Steel Group Slides: Q4 2025

Algoma Steel Group has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 12, 2026.

2 months ago - Filings

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.

2 months 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)...

2 months ago - GlobeNewsWire

Algoma Steel, Hanwha Ocean sign binding MOU for strategic arrangement

Algoma Steel (ASTL) Group announced that its wholly owned subsidiary, Algoma Steel Inc., has entered into a binding memorandum of understanding with Hanwha Ocean. Canada’s future submarine program cou...

Other symbols: ASTL
4 months ago - TheFly

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...

4 months ago - GlobeNewsWire

Canada’s Algoma Steel (ASTL) Projects Q4 Loss of $105 Million as U.S. Tariffs Bite

The company is laying off 1,000 employees.

Other symbols: ASTL
5 months ago - TipRanks

Algoma Steel sees Q4 adjusted EBITDA (C$105M)-(C$95M)

Algoma Steel (ASTL) Group provided guidance for its quarter ended December 31, 2025. Total steel shipments for the quarter are expected to be in the range of 375,000-380,000 tons and…

Other symbols: ASTL
5 months ago - TheFly

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...

5 months ago - GlobeNewsWire

Algoma Steel initiated with a Hold at Jefferies

Jefferies initiated coverage of Algoma Steel (ASTL) with a Hold rating and C$6 price target The company is transitioning its steelmaking, which should increase its volumes from higher value-add produc...

Other symbols: ASTL
5 months ago - TheFly

Algoma Steel completes $500M government financing transaction

Algoma Steel (ASTL) Group completed its $500 million financing transaction with the Governments of Canada and Ontario, consistent with the binding term sheets announced on September 29, 2025. The fina...

Other symbols: ASTL
7 months ago - TheFly

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...

7 months ago - GlobeNewsWire

Algoma Steel Group Earnings Call Transcript: Q3 2025

Q3 2025 saw a CAD 87.1M Adjusted EBITDA loss and a CAD 485.1M net loss, driven by U.S. tariffs, lower shipments, and a CAD 503M impairment. The company is accelerating its EAF transition, secured CAD 500M in government support, and expects significant working capital and tax inflows next year.

7 months ago - Transcripts