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Algoma Steel Group recently ... aggressively (10% already this year) in the open market. STLC, on the other hand, is a very similar size Canadian steel manufacturer with an identical cash position ...
However, Algoma shipped more steel in this year's fiscal Q4 than last year's -- 571,647 tons. So the decline in sales wasn't due to any fault of Algoma's, but rather was a simple result of ...
Algoma Steel Group Inc. faced challenges in FY 2024 due to weak steel prices and a structural corridor failure, impacting financial performance. Despite challenges, Algoma Steel reported ...
Algoma Steel (NASDAQ:ASTL) -2.78% in Friday's premarket trading after issuing guidance for FQ4 ending December 31 total steel ...
Algoma Steel Inc SAULT STE. MARIE, Ontario, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of ...
Algoma Steel Group Inc. says revenue in its 2023 fiscal year second quarter fell by 40 percent compared with last year as a” decrease in the selling price of steel” affected its top line and its ...
Algoma suffered a sizable decline in steel sales in Q2, and a major decline in profits. Worse, the same things that crushed profits in Q2 will continue to drag on results in Q3. Heading into ...
Photo: Adrian Wyld/Associated Press Algoma Steel Group expects tariffs to hurt its finances and operations, though the company said it is too early to estimate the full extent of the effects at ...
Algoma Steel Group Inc. announced that it will release its first quarter financial results for 2025 on April 29, 2025, after the market closes. A webcast and conference call to discuss these ...