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Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended March 31, 2026
4+ hour, 35+ min ago (926+ words) EAF Unit 1 Fully Operational; Transition from Blast Furnace/Basic Oxygen Furnace to Electric Arc Furnace Steelmaking Complete Record Plate Sales of 116, 000 NT with Further Upside Expected as Plate-First Strategy Scales Adjusted EBITDA in line with Previously Disclosed Guidance SAULT STE....
Feds looking for Canadian steel supplier to keep high-speed rail project on track
3+ mon, 1+ week ago (40+ words) Canadian suppliers do not produce rail-grade steel, and the Liberal co-chair of the All-Party Steel Caucus says he's actively engaging with the industry to build up domestic capacity because 'the old world is not coming back.'...
Nation's steel sector speeding up tech-driven low-carbon transition
4+ hour, 22+ min ago (507+ words) Data from the National Bureau of Statistics showed that the country's crude steel output reached 248 million metric tons in the first quarter, down 4. 6 percent year-on-year, while apparent crude steel consumption fell 4. 4 percent year-on-year to 220 million tons. Despite declines in both…...
ALGOMA STEEL: MDA Q-1 Three Months Ended March 31 2026 - FINAL
7+ hour, 58+ min ago (1346+ words) Published on 05/12/2026 at 06: 07 pm EDT The following Management's Discussion and Analysis ("MD&A") contains information regarding the financial position and financial performance of Algoma Steel Group Inc. and its consolidated subsidiaries and unless the context otherwise requires, all references to…...
Full nationalisation of British Steel expected in king's speech
4+ hour, 26+ min ago (295+ words) The full nationalisation of British Steel is expected to be announced in the king's speech this week, a year after the government took over the daily running of the loss-making business from its Chinese owner. The steelmaker, which employs 3, 500 people…...
Algoma Steel Says EAF Unit 1 Fully Operational
8+ hour, 1+ min ago (240+ words) marketscreener. com Algoma Steel Group Inc. Algoma Steel Says EAF Unit 1 Fully Operational Published on 05/12/2026 at 06: 04 pm EDT Latest news about Algoma Steel Group Inc. Chart Algoma Steel Group Inc. Income Statement and Estimates This super rating is the result…...
Algoma Steel plate is flying off the shelves
1+ hour, 44+ min ago (689+ words) Algoma Steel Group achieved record plate sales during the three months ended March 31, 2026. But the Sault steelmaker is still hemorrhaging cash, posting a first-quarter net loss of$159. 4 million, compared to $24. 5 million during the same quarter last year. Direct tariff costs…...
Canada's Algoma Steel Q1 net loss widens on lower steel shipments, elevated tariff costs
8+ hour, 22+ min ago (33+ words) Trading View Canada's Algoma Steel Q1 net loss widens on lower steel shipments, elevated tariff costs More news from Reuters...
Green steel standards and CBAM reshape Turkish steel industry
1+ day, 9+ hour ago (42+ words) Verified emissions data and financing pressures mark new phase EU green steel criteria could favor high-emission producers 12 May | Longs and Billet 12 May | Steel News 12 May | Flats and Slab 12 May | Scrap & Raw Materials...
Algoma Steel Group Inc. (ASTL) Stock Falls on Q1 2026 Earnings | ASTL Stock News
2+ hour, 22+ min ago (262+ words) Algoma Steel Group Inc. (ASTL) reported first-quarter 2026 results with revenues of $213. 6 million, down 55. 1% year-over-year, and a gross loss of $91. 1 million. Revenue: $213. 6 million (55. 1% year-over-year)Gross loss: $91. 1 million (845. 6% year-over-year)Operating loss: $110. 4 million (year-over-year change +1, 107. 7%)Net loss attributable to common shareholders: $114. 7 million (2, 670. 0% year-over-year)…...