Algoma Steel

Yahoo Finance • last month

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

[Metal smelting furnace in steel mills] zhaojiankang/iStock via Getty Images Algoma Steel (ASTL [https://seekingalpha.com/symbol/ASTL]) closed +9.5% on Friday after Prime Minister Carney announced steps Wednesday to provide more support [... Full story

Yahoo Finance • 2 months ago

Algoma Steel Completes $500 Million Government Financing Transaction

SAULT STE. MARIE, Ontario, Nov. 17, 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 sheet and plate products, today announce... Full story

Yahoo Finance • 2 months ago

Algoma Steel Group Maintained at Buy at Stifel Canada Following Q3 Results; Price Target Kept at C$11.50

Stifel Canada on Friday maintained its buy rating on the shares of Algoma Steel Group (ASTL.TO) and PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium... Full story

Yahoo Finance • 2 months ago

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

Earnings Call Insights: Algoma Steel Group Inc. (ASTL) Q3 2025 MANAGEMENT VIEW * CEO Michael Garcia opened by emphasizing Algoma's ongoing commitment to workplace safety and highlighted three central themes for the quarter: "The U.S. 5... Full story

Yahoo Finance • 2 months ago

Algoma Steel Group CEO Michael Garcia to retire

* Algoma Steel Group (ASTL:CA [https://seekingalpha.com/symbol/ASTL:CA]) on Wednesday said Michael Garcia, the company’s Chief Executive Officer, will retire at the end of this calendar year. * In late 2024, Garcia informed the Board o... Full story

Yahoo Finance • 2 months ago

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 Michael Moraca Promoted to CFO Position Effective January 1, 2026 SAULT STE. MARIE, ONTARIO, Oct. 29, 20... Full story

Yahoo Finance • 2 months ago

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 (GLOBE NEWSWIRE) -- Algoma Steel Group... Full story

Yahoo Finance • 3 months ago

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 sheet and plate products, announced toda... Full story

Yahoo Finance • 3 months ago

EU proposes tougher steel tariffs in bid to protect industry

[large bowl of molten metal at a steel mill. Steel production.] lyash01/iStock via Getty Images The European Union has proposed sweeping new trade measures aimed at protecting its steel industry from cheap imports, particularly from China... Full story

Yahoo Finance • 3 months ago

Algoma Steel guides Q3 shipments lower; projects negative adjusted EBITDA

[Guidance word from wooden blocks] Piotrekswat Algoma Steel Group (NASDAQ:ASTL [https://seekingalpha.com/symbol/ASTL]) has provided guidance [https://seekingalpha.com/pr/20252190-algoma-steel-provides-guidance-for-the-third-quarter-2025-a... Full story

Yahoo Finance • 3 months ago

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 sheet and plate products, today provided... Full story

Yahoo Finance • 3 months ago

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 secure C$500 million in liquidity support... Full story

Yahoo Finance • 4 months ago

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 sheet and plate products, today announc... Full story

Yahoo Finance • 4 months ago

Validea Benjamin Graham Strategy Daily Upgrade Report - 9/13/2025

The following are today's upgrades for Validea's Value Investor model based on the published strategy of Benjamin Graham. This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-t... Full story

Yahoo Finance • 5 months ago

Vitiligo Treatment Strategic Market Research Report 2025-2030 | Increased Psychological and Social Impact of Vitiligo Drives Demand for More Effective Therapies

Dublin, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The "Vitiligo Treatment - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Vitiligo Treatment was estimated at US$1.5 Billion in 20... Full story

Yahoo Finance • 5 months ago

Non-metastatic Prostate Cancer Market Analysis and Forecast, 2023-2035 | J&J, Astellas, Bristol-Myers Squibb, Pfizer, Merck, Bayer, Sanofi, Clovis, AstraZeneca, AbbVie, and Boehringer Lead Innovations

Company Logo The Non-metastatic Prostate Cancer market is witnessing substantial growth driven by increasing demand for targeted therapies and innovative treatment options. Non-metastatic prostate cancer, confined to the prostate gland, b... Full story

Yahoo Finance • 5 months ago

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) Project SAULT STE. MARIE, Ontario,... Full story

Yahoo Finance • 6 months ago

Algoma Steel files base shelf prospectus with no immediate capital raise plans

SAULT STE. MARIE, Ontario - Algoma Steel Group Inc. (NASDAQ:ASTL; TSX:ASTL) announced Friday it has filed a base shelf prospectus with the Ontario Securities Commission and a corresponding shelf registration statement with the U.S. Securit... Full story

Yahoo Finance • 6 months ago

Canada introduces new tariffs, investment plan to support steel industry

Investing.com -- Prime Minister Mark Carney unveiled a sweeping industrial strategy Wednesday aimed at reinforcing Canada’s steel sector, as the country grapples with U.S. tariffs and surging global steel distortions. The measures are desi... Full story

Yahoo Finance • 6 months ago

Algoma Steel expects total Q2 steel shipments to be about 472,000 tons

* Algoma Steel Group (TSX:ASTL:CA [https://seekingalpha.com/symbol/ASTL:CA]) on Tuesday said total steel shipments for the second quarter are expected to be approximately 472,000 tons. * Q2 adjusted EBITDA is expected to be in the rang... Full story