Algoma Steel Group Inc. (ASTL)

NASDAQ: ASTL · Real-Time Price · USD
3.850
+0.015 (0.39%)
At close: Jul 31, 2026, 4:00 PM EDT
3.810
-0.040 (-1.04%)
After-hours: Jul 31, 2026, 7:34 PM EDT
Market Cap406.80M -31.3%
Revenue (ttm)1.09B -32.8%
Net Income-778.26M
EPS-7.14
Shares Out 105.66M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,862,049
Open3.810
Previous Close3.835
Day's Range3.680 - 3.940
52-Week Range3.020 - 5.900
Beta1.64
AnalystsHold
Price Targetn/a
Earnings DateJul 29, 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 lowered to C$6 from C$7 at RBC Capital

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

2 days ago - TheFly

Algoma Steel Group Earnings Call Transcript: Q2 2026

Positive adjusted EBITDA was achieved, aided by insurance proceeds and a capacity utilization adjustment, despite lower shipment volumes and ongoing tariff headwinds. Plate sales hit a record, and the EAF transition nears completion, positioning for improved profitability as demand remains strong.

3 days ago - Transcripts

Algoma Steel Group Earnings release: Q2 2026

Algoma Steel Group released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.

3 days ago - Filings

Algoma Steel Group Registration statement: Q2 2026

Algoma Steel Group filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.

3 days ago - Filings

Algoma Steel Group Registration statement: Q2 2026

Algoma Steel Group filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.

3 days ago - Filings

Algoma Steel Group Slides: Q2 2026

Algoma Steel Group has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.

3 days ago - Filings

Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended June 30, 2026

Adjusted EBITDA of $13.8 Million, In-Line with Previously Announced Expectations Second Consecutive Quarter of Record Plate Sales as Plate-First Strategy Scales EAF Unit Two Construction Nearing Compl...

Other symbols: ASTLW
4 days ago - GlobeNewsWire

Algoma Steel Group Inc. to Announce 2026 Second Quarter Results July 29, 2026

SAULT STE. MARIE, Ontario, July 16, 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 sh...

Other symbols: ASTLW
17 days ago - GlobeNewsWire

Algoma Steel sees Q2 Adjusted EBITDA C$5M-C$15M

Algoma Steel (ASTL) Group provided guidance for its quarter ended June 30. Total steel shipments for the quarter are expected to be in the range of 175,000 tons to 180,000…

4 weeks ago - TheFly

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

SAULT STE. MARIE, Ontario, June 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 sh...

Other symbols: ASTLW
4 weeks ago - GlobeNewsWire

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

SAULT STE. MARIE, Ontario, June 23, 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 sh...

5 weeks ago - GlobeNewsWire

Algoma Steel CEO walks away with $6.8 million in wake of 1,000 layoffs and billion-dollar loss

TORONTO, June 17, 2026 (GLOBE NEWSWIRE) -- The United Steelworkers union (USW) released the following statement today regarding the disclosure of 2025 executive compensation packages at Algoma Steel i...

6 weeks ago - GlobeNewsWire

Algoma Steel Releases 2025 Sustainability Report

SAULT STE. MARIE, Ontario, June 04, 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 sh...

2 months ago - GlobeNewsWire

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.

2 months 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.

2 months 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.

2 months 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.

2 months 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

2 months 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...

3 months 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…

4 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...

4 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…

4 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...

4 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.

5 months ago - Transcripts

Algoma Steel Group Annual report: Q4 2025

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

5 months ago - Filings