Algoma Steel (NASDAQ:ASTL) -2.9% in early trading Thursday after saying it is seeking $500M in support from Canada's federal government, as financial pressures mount from U.S. tariffs on Canadian ...
SAULT STE. MARIE, Ontario, July 10, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (ASTL:CA) (“Algoma” or the “Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate ...
Algoma Steel Group Inc., a prominent Canadian steel manufacturer based in Sault Ste. Marie, has expressed concerns regarding the ongoing trade tensions and 50% tariff on Canadian steel imposed by the ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. At the end of 2025, the federal government said new beam or plate mills in Sault Ste. Marie could save up to 500 of the 1,000 jobs ...
Canada’s newer priority to increase and update its defence strategy and modernize its defence capabilities, brings potential ...
SAULT STE. MARIE, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of steel plate and hot rolled sheet ...
OTTAWA--Algoma Steel said it would eliminate about 1,000 jobs, or about a third of its workforce, as the company shuts down production from its blast furnace and coke ovens that became financially ...
Detailed price information for Algoma Steel Group Inc (ASTL-Q) from The Globe and Mail including charting and trades.
Algoma Steel said it will lay off 1,000 workers and close its blast furnace and coke operations in Sault Ste. Marie in the coming months due to U.S. tariffs. The company reported a 13% sales drop and ...
OTTAWA--Algoma Steel said it would eliminate about 1,000 jobs, or about a third of its workforce, as the company shuts down production from its blast furnace and coke ovens that became financially ...
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