Algoma Steel Group Provides Q4 Steel Shipments, EBITDA Outlook

MT Newswires Live

2025/01/03

Algoma Steel Group (ASTL) expects Q4 total steel shipments of 545,000 tons to 550,000 tons.

Adjusted EBITDA in the quarter ended Dec. 31 was projected at a loss of 55 million Canadian dollars ($38.2 million) to CA$65 million, the company said Thursday in a statement.

Shares of the company fell 2.7% in recent after-hours activity.

Price: 9.44, Change: -0.26, Percent Change: -2.68

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