Algoma Steel Group Inc. (TSX:ASTL)
Canada
· Delayed Price · Currency is CAD | Market Cap | 603.70M |
| Revenue (ttm) | 2.21B |
| Net Income (ttm) | -770.37M |
| Shares Out | n/a |
| EPS (ttm) | -7.09 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | 0.14 (2.48%) |
| Ex-Dividend Date | May 13, 2025 |
| Volume | 530,638 |
| Average Volume | 843,311 |
| Open | 5.79 |
| Previous Close | 5.78 |
| Day's Range | 5.55 - 5.84 |
| 52-Week Range | 4.20 - 15.12 |
| Beta | 1.56 |
| RSI | 55.25 |
| Earnings Date | Jan 28, 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 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, bridg... [Read more]
Financial Performance
Financial StatementsNews
Federal minister says 500 laid off employees at northern Ontario steel mill could be rehired in 2026
The federal government says roughly half of the workers expected to be laid off at Algoma Steel will be eligible to be rehired by the end of next year.
Demand for Christmas Cheer in Sault Ste. Marie climbs amid Algoma Steel layoffs
Volunteers with the charitable organization in Sault Ste. Marie, Ont. may fill as many as 2,400 orders of curated Christmas gifts for families in need — the highest ever
Federal government, Ontario defend loan to Algoma despite knowing layoff plans
The federal and Ontario governments are defending their decision to loan hundreds of millions of dollars to Algoma Steel, despite knowing the company’s business plan to lay off workers.
Algoma Steel CEO: Feds knew about plans for layoffs before giving $400M loan
The head of Algoma Steel says the federal government and Government of Ontario knew the company’s business plan included a re-tooling of its Sault Ste. Marie plant that would result in layoffs before ...
Trump’s ‘tariff shock’ forced layoffs, Algoma Steel CEO says
Algoma Steel CEO Michael Garcia says tariffs imposed by the United States have effectively “closed off” the U.S. market, forcing the painful layoffs of 1,000 employees.
Algoma Steel is cutting 1,000 jobs. So why did it receive millions from the government?
Just over two months after it was announced Algoma Steel would receive $500 million in government loan guarantees, the steel producer said it was issuing 1,000 layoff notices to workers at its plant i...
Algoma Steel (ASTL) Issues Layoff Notices Amid Tariff Challenges
Algoma Steel (ASTL) Issues Layoff Notices Amid Tariff Challenges
Algoma Steel to cut 1,000 employees, citing Trump's tariffs
Algoma Steel said it issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, Ontario, citing "unprecedented tariffs" imposed by the US.
Ontario-based Algoma Steel makes ‘difficult decision’ to issue 1,000 layoff notices
Reeling from high tariffs imposed by U.S. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers.
Algoma Steel to Cut 1,000 Workers Due to Tariffs
Algoma Steel to Cut 40% of Staff as Tariffs Crush Sales
Canadian steelmaker Algoma Steel Group Inc. will let go of 1,000 employees and close its blast furnace in northern Ontario within months as it seeks to stem losses resulting from US tariffs.
Hit hard by trade war, Algoma Steel issues 1,000 layoff notices
Reeling from high tariffs imposed by U.S. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers.
Northern Ontario steel mill issues layoff notices to 1,000 workers
Algoma Steel says it has issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, Ont.
Algoma Steel (ASTL) Surges as Canada Boosts Domestic Steel Market
Algoma Steel (ASTL) Surges as Canada Boosts Domestic Steel Market
Algoma Steel surges after Canada unveils more help for tariff-hit steel industry
Algoma Steel shares surged after Prime Minister Carney announced steps to provide more support to help Canada's steel and lumber industries cope with US tariffs and create a domestic market.
MMCAP International Inc. SPC Increases Stake in Algoma Steel Group Inc.
MMCAP International Inc. SPC Increases Stake in Algoma Steel Group Inc.
Algoma Steel (ASTL) Secures $500 Million Financing to Enhance Financial Flexibility
Algoma Steel (ASTL) Secures $500 Million Financing to Enhance Financial Flexibility
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...
Donald Smith & Co Reduces Stake in Algoma Steel Group Inc
Donald Smith & Co Reduces Stake in Algoma Steel Group Inc
Algoma Steel: Negative Earnings And Increasing Debt Putting Downward Pressure On Stock
Discover why Algoma Steel (ASTL) faces ongoing losses in 2025. Get insights on earnings, debt, and market outlook.
Algoma Steel outlines accelerated EAF transition and $500M government support amid U.S. tariff disruption
Explore Algoma Steel's Q3 2025 earnings call for insights on tariff impacts, EAF transition, liquidity strategies, and future growth.
Algoma Steel Group Inc. (ASTL) Q3 2025 Earnings Call Transcript
Algoma Steel Group Inc. ( ASTL) Q3 2025 Earnings Call October 30, 2025 11:00 AM EDT Company Participants Michael Moraca - Vice President of Corporate Development & Treasurer Michael Garcia - CEO & Di...
Q3 2025 Algoma Steel Group Inc Earnings Call Transcript
Q3 2025 Algoma Steel Group Inc Earnings Call Transcript
No return to pre-tariff era: Algoma CEO
Michael Garcia, CEO of Algoma Steel, joins BNN Bloomberg to discuss how steel glut in Canada slashed prices for Algoma.
Algoma Steel Group Inc. 2025 Q3 - Results - Earnings Call Presentation
2025-10-30. The following slide deck was published by Algoma Steel Group Inc.