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Algoma Steel incurred $10.5 million in tariff-related costs in the first quarter of 2025. But CEO Michael Garcia says the ...
Steam from the Algoma Steel plant in Sault Ste. Marie, Ont. rises in the cold morning air on March 26. Algoma cited ...
The future rating outlook considers the possibility of the current 25% tariff on U.S. steel imports from Canada remaining in place, which could lead to further deterioration in Algoma’s credit profile ...
Algoma Steel Group Inc. appears poised to miss the much-anticipated April startup of steel production from its new electric ...
Algoma Steel is calling on the re-elected Liberal government to quickly get to work to settle a trade spat that’s left a 25 ...
Expressing confidence in its transition to electric-arc steel production, Algoma Steel announced today that it will close its ...
Algoma reported late Tuesday afternoon consolidated revenue of $517.1 million, compared to $620.6 million in the prior-year ...
We recently published a list of 13 Best Canadian Penny Stocks to Invest in Now In this article, we are going to take a look ...
The Canadian Press on MSN6d
Algoma Steel reports loss as tariffs, pricing weigh on resultsAlgoma Steel Group Inc. says Canada's steel market is under increasing pressure from weakening prices brought on by tariffs ...
Algoma Steel reported Q1 2025 revenue of $517.1 million, a net loss of $24.5 million, and increased plate shipments. Algoma Steel Group Inc. reported consolidated revenue of $517.1 million for the ...
We believe that we are positioning Algoma to be a strategic force in the North American steel industry for decades to come, all while reinforcing our steadfast commitment to safety and ...
MARIE, Ontario, April 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian ...
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