One of 1,000 employees losing their jobs in Sault Ste. Marie this March, Algoma Steel worker Mayurkumar Lad says his ...

The recycled-content steel producer’s CEO says the company’s strategy is “aligned with Canada’s national interest.” ...

Indeed, the company has lost money on an adjusted EBITDA basis in every quarter so far this year. James McGarragle, an ...

OTTAWA—The governments of Canada and Ontario are providing Algoma Steel Group with a half-billion Canadian dollars of financing that the company says it needs to survive the Trump administration’s 50% ...

Algoma Steel (NASDAQ:ASTL) +10.3% in early trading Monday after Canada's federal government and the Ontario provincial government announced commitments for a combined C$500 million of financing to ...

Total steel shipments for the quarter are expected to be in the range of 375,000 to 380,000 tons and Adjusted EBITDA is expected to be in the range of negative $95 million to negative $105 million.

TORONTO (Reuters) - Algoma Steel has paused exports of steel from Canada to the United States until Thursday, when Canadian ministers are expected to meet their U.S. counterparts in Washington, CEO ...

OTTAWA (Reuters) -Canada's government is to provide C$400 million ($287.13 million) in financial support for Algoma Steel under its large enterprise tariff relief scheme, Jobs Minister Patty Hajdu ...

Hit hard by U.S. tariffs, Canada’s Algoma Steel (ASTL) has announced that it is laying off 1,000 workers. Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest ...

SAULT STE. MARIE, Ontario, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (ASTL) today announced the execution of binding term sheets to secure C$500 million in liquidity support, ...

OTTAWA--The governments of Canada and Ontario are providing Algoma Steel Group with a half-billion Canadian dollars of financing that the company says it needs to survive the Trump administration's 50 ...