Algoma Steel Group Inc. says lower steel shipment volumes and tariffs weighed on its bottom line during the second quarter.

The economic impact of heightened U.S. tariffs is already being felt in one northern Ontario city as steel tariffs had previously been doubled.

Algoma Steel reported a Q2 loss and said it is suspending its quarterly dividend as it suffers from higher costs due to US ...

On the FY 2024 conference call, it became clear Algoma Steel will claim back that excess capex from its insurers, as well as the C$120-130M in lost revenue. David Ocampo Okay.

Algoma Steel Group Inc. suspended its dividend after posting a second-quarter loss as tariff costs soared during what the company’s top executive called a “fundamental” change to the steel market.

SAULT STE. MARIE, June 11, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate ...

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 ...

Algoma Steel has paused exports of steel from Canada to the United States until Thursday, when Canadian ministers are expected to meet their U.S. counterparts in Washington, CEO Michael Garcia said.

Algoma Steel Group Inc. announced its participation in the BMO 34th Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida, from February 24 to February 26, 2025.