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Algoma Steel Inc. WTS

0.2150

+0.050830.94%

Volume:1.50K

Turnover:322.50

Market Cap:22.56M

PE:-0.05

High:0.2150

Open:0.2150

Low:0.2150

Close:0.1642

52wk High:1.36

52wk Low:0.0511

Shares:104.93M

Float Shares:104.93M

Volume Ratio:0.04

T/O Rate:0.00%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-4.5401

ROE:--

ROA:--

PB:--

PE(LYR):- -

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Overview Company News Filings

BRIEF-Algoma Steel, Hanwha Ocean Ink Strategic MoU With Up To $250 Mln In Funding

Algoma Steel, Hanwha Ocean Sign Agreement for Canadian Submarine-Project Support

Algoma Steel, Hanwha Ocean sign binding MOU for strategic arrangement

Algoma Steel Group Inc - Hanwha Ocean to Provide Algoma With up to USD $250 Mln

THOMSON REUTERS

Algoma Steel Seen Gaining as Trade Policies Normalize Industry -- Market Talk

Canada’s Algoma Steel (ASTL) Projects Q4 Loss of $105 Million as U.S. Tariffs Bite

Algoma Steel Shares Falter as Earnings Continue to Be Hit by Tariffs

Algoma Steel Group Inc - Expects Steel Shipments of 375,000-380,000 Tons for Qtr

THOMSON REUTERS

Algoma Steel Provides Guidance for the Fourth Quarter of 2025

Jefferies Initiates Algoma Steel Group at Hold With CA$6 Price Target

MT Newswires Live

Algoma Steel Group Maintained at Buy at Stifel Canada on Beam Mill Report; Price Target Kept at C$11.50

MT Newswires Live

Algoma Steel to Cut 1,000 Workers Due to Tariffs

Canadian Measures to Support Steel Industry Look Positive for Algoma Steel -- Market Talk

Algoma Steel Secures $500 Million Government Financing for EAF Transition

Press Release: Algoma Steel Completes $500 Million Government Financing Transaction

BMO Capital Reaffirms Their Hold Rating on Algoma Steel Group (ASTL)

Algoma Steel’s (ASTL) CEO Steps Down as Losses Rise and Share Price Sinks

Algoma Steel Shares Slide After Tariffs Drag 3Q Results, CEO Plans to Retire

Algoma Steel Group Faces Challenges Amidst Strategic Transition

Algoma Steel Gr Q3 EPS $(4.46) Misses $(0.70) Estimate, Sales $523.900M Beat $435.712M Estimate

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Marie, Ontario, plus anticipated purchases of Algoma products worth as much as $50 million related to the Canadian patrol-submarine project.The memorandum is subject to Hanwha securing the order for up to 12 submarines for the Royal Canadian Navy. Ottawa last year selected Hanwha and Germany's Thyssen Krupp as qualified suppliers for the project.The agreement with Hanwha provides that Algoma will be required to make annual payments to the company for 10 years following the commencement of operations of the beam facility equal to 3% of the net sales of the b","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Algoma Steel, Hanwha Ocean Sign Agreement for Canadian Submarine-Project Support","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ASTLW"],"gpt_icon":0},{"id":"2606163240","title":"Algoma Steel, Hanwha Ocean sign binding MOU for strategic arrangement","url":"https://stock-news.laohu8.com/highlight/detail?id=2606163240","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2606163240?lang=en_us&edition=fundamental","pubTime":"2026-01-27 01:45","pubTimestamp":1769449511,"startTime":"0","endTime":"0","summary":"Algoma Steel (ASTL) Group announced that its wholly owned subsidiary, Algoma Steel Inc., has entered into a binding memorandum of understanding wit...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/algoma-steel-hanwha-ocean-sign-binding-mou-for-strategic-arrangement-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/algoma-steel-hanwha-ocean-sign-binding-mou-for-strategic-arrangement-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ASTLW","ASTL","BK4006"],"gpt_icon":0},{"id":"2606246247","title":"Algoma Steel Group Inc - Hanwha Ocean to Provide Algoma With up to USD $250 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2606246247","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2606246247?lang=en_us&edition=fundamental","pubTime":"2026-01-27 01:35","pubTimestamp":1769448928,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260126:nFWN3YR0XV:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ASTLW"],"gpt_icon":0},{"id":"2603448611","title":"Algoma Steel Seen Gaining as Trade Policies Normalize Industry -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2603448611","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2603448611?lang=en_us&edition=fundamental","pubTime":"2026-01-14 22:01","pubTimestamp":1768399260,"startTime":"0","endTime":"0","summary":"0901 ET - Algoma Steel is at a pivotal transition point, with breakeven Ebitda likely to be achieved in 2H as the steel industry in North America normalizes. In a report, RBC's James McGarragle says the Canadian steelmaker's shift to electric arc furnace production and improving supply dynamics is setting the stage for a gradual earnings recovery. McGarragle says that policy tailwinds will matter as much as operations, noting that CUSMA-related policies should help stabilize the Canadian steel market. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ASTLW"],"gpt_icon":0},{"id":"2603635086","title":"Canada’s Algoma Steel (ASTL) Projects Q4 Loss of $105 Million as U.S. Tariffs Bite","url":"https://stock-news.laohu8.com/highlight/detail?id=2603635086","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2603635086?lang=en_us&edition=fundamental","pubTime":"2026-01-13 23:52","pubTimestamp":1768319566,"startTime":"0","endTime":"0","summary":"The company is laying off 1,000 employees.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/canadas-algoma-steel-astl-projects-q4-loss-of-105-million-as-u-s-tariffs-bite?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/canadas-algoma-steel-astl-projects-q4-loss-of-105-million-as-u-s-tariffs-bite?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ASTLW"],"gpt_icon":0},{"id":"2602937026","title":"Algoma Steel Shares Falter as Earnings Continue to Be Hit by Tariffs","url":"https://stock-news.laohu8.com/highlight/detail?id=2602937026","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2602937026?lang=en_us&edition=fundamental","pubTime":"2026-01-10 00:33","pubTimestamp":1767976380,"startTime":"0","endTime":"0","summary":"Algoma Steel's shares retreated Friday after the Canadian steelmaker forecast sharply lower steel shipments and a widened loss in the final quarter of last year as the Trump administration's tariffs continued to bite.In late morning trading, the shares were 2% lower at C$5.79 in Toronto. On Nasdaq, the stock declined 0.9% to $4.22.The producer of hot and cold rolled steel sheet and plate products said it expects overall steel shipments to range between 375,000 and 380,000 tons in the final three months of 2025, and its adjusted loss before interest, taxes, depreciation and amortization is projected to be 95 million Canadian dollars  to C$105 million.That would compare with year-earlier shipments of 548,802 tons and a loss on a similar basis of C$60.3 million.The Sault Ste. Marie, Ontario, company has moved to cut about 1,000 jobs, roughly one third of its workforce as its shutters operations that became financially unsustainable under the tariffs the U.S. has imposed on imports of stee","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ASTLW"],"gpt_icon":0},{"id":"2602150443","title":"Algoma Steel Group Inc - Expects Steel Shipments of 375,000-380,000 Tons for Qtr","url":"https://stock-news.laohu8.com/highlight/detail?id=2602150443","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2602150443?lang=en_us&edition=fundamental","pubTime":"2026-01-09 06:30","pubTimestamp":1767911420,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260108:nFWN3Y912G:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ASTLW"],"gpt_icon":0},{"id":"2602316684","title":"Algoma Steel Provides Guidance for the Fourth Quarter of 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2602316684","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2602316684?lang=en_us&edition=fundamental","pubTime":"2026-01-09 06:30","pubTimestamp":1767911400,"startTime":"0","endTime":"0","summary":"SAULT STE. MARIE, Ontario, Jan.  08, 2026  (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel s","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2026/01/08/3215834/0/en/Algoma-Steel-Provides-Guidance-for-the-Fourth-Quarter-of-2025.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4096","ASTL","BK4551","EAF","ASTLW","BK4006"],"gpt_icon":0},{"id":"2600636690","title":"Jefferies Initiates Algoma Steel Group at Hold With CA$6 Price Target","url":"https://stock-news.laohu8.com/highlight/detail?id=2600636690","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2600636690?lang=en_us&edition=fundamental","pubTime":"2026-01-02 20:34","pubTimestamp":1767357257,"startTime":"0","endTime":"0","summary":"Jefferies Initiates Algoma Steel Group at Hold With CA$6 Price Target","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CA","ASTLW"],"gpt_icon":0},{"id":"2590342436","title":"Algoma Steel Group Maintained at Buy at Stifel Canada on Beam Mill Report; Price Target Kept at C$11.50","url":"https://stock-news.laohu8.com/highlight/detail?id=2590342436","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2590342436?lang=en_us&edition=fundamental","pubTime":"2025-12-09 22:36","pubTimestamp":1765291001,"startTime":"0","endTime":"0","summary":"Stifel Canada on Tuesday maintained its buy rating on the shares of Algoma Steel Group (ASTL.TO) and its C$11.50 price target after the Canadian government said it may support construction of a beam m","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SF","ASTLW"],"gpt_icon":0},{"id":"2588970850","title":"Algoma Steel to Cut 1,000 Workers Due to Tariffs","url":"https://stock-news.laohu8.com/highlight/detail?id=2588970850","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588970850?lang=en_us&edition=fundamental","pubTime":"2025-12-02 04:42","pubTimestamp":1764621720,"startTime":"0","endTime":"0","summary":"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 unsustainable with hefty U.S. tariffs.The steel maker, based in Sault Ste. Marie, Ontario, said the job losses would take effect in 16 weeks, or late March. This represents one of the biggest employment hits to date for Canada from the shift in U.S. trade policy under President Trump.Canada is the largest foreign provider of steel to the U.S. market, and Canadian products entering the U.S. face a 50% tariff.The job cuts are necessary \"to protect Algoma's future in the face of these extraordinary and external market forces,\" said Laura Devoni, Algoma's vice president of human resources and corporate affairs. \"We will continue to advocate for a competitive and fair trading environment for Canadian steel.\". Last week, Canada said it would further tighten limits on imported steel to try to soften","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ASTLW"],"gpt_icon":0},{"id":"2586687242","title":"Canadian Measures to Support Steel Industry Look Positive for Algoma Steel -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2586687242","media":"Dow Jones","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2586687242?lang=en_us&edition=fundamental","pubTime":"2025-11-27 19:35","pubTimestamp":1764243300,"startTime":"0","endTime":"0","summary":"1135 GMT - Canadian efforts aimed at supporting the country's steel industry promise to be positive for Algoma Steel, though the extent to which the measures support profitable steel pricing in Canada remains uncertain, RBC Capital Markets' James McGarragle says. The analyst says the government believes the measures will unlock over C$1 billion in new domestic steel demand, which compares with the consensus 2025 revenue forecast for Algoma of C$2.1B. McGarragle says that taking these numbers at face value, and assuming Algoma can capture 25% of the upside--which is roughly its percentage of Canadian capacity--implies solid upside potential to next year's estimates. RBC has a sector perform call and C$5.46 target on the stock. ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ASTLW"],"gpt_icon":0},{"id":"2585197574","title":"Algoma Steel Secures $500 Million Government Financing for EAF Transition","url":"https://stock-news.laohu8.com/highlight/detail?id=2585197574","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2585197574?lang=en_us&edition=fundamental","pubTime":"2025-11-21 15:39","pubTimestamp":1763710787,"startTime":"0","endTime":"0","summary":"Algoma Steel Group ( ($TSE:ASTL) ) just unveiled an announcement. Algoma Steel Group Inc. has completed a $500 million financing transaction with t...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/algoma-steel-secures-500-million-government-financing-for-eaf-transition?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/algoma-steel-secures-500-million-government-financing-for-eaf-transition?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4096","ASTLW","EAF","BK4551"],"gpt_icon":0},{"id":"2584306625","title":"Press Release: Algoma Steel Completes $500 Million Government Financing Transaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2584306625","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2584306625?lang=en_us&edition=fundamental","pubTime":"2025-11-17 21:00","pubTimestamp":1763384400,"startTime":"0","endTime":"0","summary":"SAULT STE. MARIE, Ontario, Nov. 17, 2025  -- Algoma Steel Group Inc.  , a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has completed its $500 million financing transaction with the Governments of Canada and Ontario, consistent with the binding term sheets announced on September 29, 2025.These seven-year facilities strengthen Algoma's balance sheet, providing enhanced financial flexibility as the Company advances its Electric Arc Furnace  transformation and pursues opportunities to strengthen and diversify its business.\"Completing this financing reinforces our strong partnership with both levels of government and supports our ability to navigate current market conditions as we complete our EAF transition,\" said Michael Garcia, Chief Executive Officer. \"This support provides Algoma with long-term financial flexibility. We are grateful for the government's confidence in Algoma's future as a low-carbon steel producer.\". This news ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4555","BK4096","ASTLW","BK4099","BK4006","03160","BK4585","ASTL","TM","BK4604","BK4588","EAF","BK4551"],"gpt_icon":0},{"id":"2580210048","title":"BMO Capital Reaffirms Their Hold Rating on Algoma Steel Group (ASTL)","url":"https://stock-news.laohu8.com/highlight/detail?id=2580210048","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2580210048?lang=en_us&edition=fundamental","pubTime":"2025-11-04 00:06","pubTimestamp":1762186009,"startTime":"0","endTime":"0","summary":"In a report released today, Katja Jancic from BMO Capital maintained a Hold rating on Algoma Steel Group, with a price target of C$8.00. The compan...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/bmo-capital-reaffirms-their-hold-rating-on-algoma-steel-group-astl-blurbs?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/bmo-capital-reaffirms-their-hold-rating-on-algoma-steel-group-astl-blurbs?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ASTLW","BMO"],"gpt_icon":0},{"id":"2579178512","title":"Algoma Steel’s (ASTL) CEO Steps Down as Losses Rise and Share Price Sinks","url":"https://stock-news.laohu8.com/highlight/detail?id=2579178512","media":"TIPRANKS","labels":["executive","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579178512?lang=en_us&edition=fundamental","pubTime":"2025-10-31 01:21","pubTimestamp":1761844866,"startTime":"0","endTime":"0","summary":"U.S. tariffs have battered the company and its shares.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/algoma-steels-astl-ceo-steps-down-as-losses-rise-and-share-price-sinks?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/algoma-steels-astl-ceo-steps-down-as-losses-rise-and-share-price-sinks?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive,express","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ASTLW"],"gpt_icon":0},{"id":"2579129014","title":"Algoma Steel Shares Slide After Tariffs Drag 3Q Results, CEO Plans to Retire","url":"https://stock-news.laohu8.com/highlight/detail?id=2579129014","media":"Dow Jones","labels":["executive","dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579129014?lang=en_us&edition=fundamental","pubTime":"2025-10-30 23:25","pubTimestamp":1761837900,"startTime":"0","endTime":"0","summary":"Algoma Steel Group shares fell after tariffs dented third-quarter results, signaling persistent financial headwinds, and it said its chief executive will step down.Shares fell 5.7% to 5.63 Canadian dollars, and are down 60% year to date.The embattled Canadian steelmaker late Wednesday said the impact of tariffs on Canadian sales were C$32 million, and that direct tariff expense came to C$89.7 million, whereas last year there was no such sales impact or expense.Algoma, based in Sault Ste. Marie, Ontario, has been navigating rougher economic waters since the Trump administration reimposed tariffs on Canadian steel and aluminum in March 2025, citing the pretext of national-security concerns. These tariffs were later doubled to 50% in June 2025, significantly hammering Canadian producers by restricting access to the U.S. market and creating a costly barrier to trade.\"The U.S. steel market remains largely closed to us, and broader market conditions continue to present headwinds,\" said Chief","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Algoma Steel Shares Slide After Tariffs Drag 3Q Results, CEO Plans to Retire","news_tag":"executive,dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ASTLW"],"gpt_icon":0},{"id":"2579130542","title":"Algoma Steel Group Faces Challenges Amidst Strategic Transition","url":"https://stock-news.laohu8.com/highlight/detail?id=2579130542","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579130542?lang=en_us&edition=fundamental","pubTime":"2025-10-30 06:09","pubTimestamp":1761775745,"startTime":"0","endTime":"0","summary":"An announcement from Algoma Steel Group ( ($TSE:ASTL) ) is now available. Algoma Steel Group reported its third-quarter 2025 financial results, hig...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/algoma-steel-group-faces-challenges-amidst-strategic-transition?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/algoma-steel-group-faces-challenges-amidst-strategic-transition?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ASTLW"],"gpt_icon":0},{"id":"2579134724","title":"Algoma Steel Gr Q3 EPS $(4.46) Misses $(0.70) Estimate, Sales $523.900M Beat $435.712M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2579134724","media":"Benzinga","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579134724?lang=en_us&edition=fundamental","pubTime":"2025-10-30 05:20","pubTimestamp":1761772840,"startTime":"0","endTime":"0","summary":"Algoma Steel Gr (TSX:ASTL) reported quarterly losses of $(4.46) per share which missed the analyst consensus estimate of $(0.70) by 537.14 percent. This is a 355.1 percent decrease over losses of $(0.98) per share from","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/10/48514150/algoma-steel-gr-q3-eps-4-46-misses-0-70-estimate-sales-523-900m-beat-435-712m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Algoma Steel Gr Q3 EPS $(4.46) Misses $(0.70) Estimate, Sales $523.900M Beat $435.712M Estimate","news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ASTLW"],"gpt_icon":0}],"pageSize":20,"totalPage":3,"pageCount":1,"totalSize":46,"code":"91000000","status":"200"}]}}