$0.14 -0.02 (-12.50%)
Algoma Steel Group Inc. Warrant (ASTLW)
Company News
Algoma Steel Group Reports Financial Results for the Third Quarter 2025
Algoma Steel reported significant financial challenges in Q3 2025, including a $485.1 million net loss, impacted by U.S. trade tariffs and market headwinds. The company is accelerating its electric arc furnace transformation and secured $500 million in government liquidity support to navigate current market conditions.