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Algoma guidance for Q3 shows expected loss, lower steel shipments
['The Canadian Press', 'Wed', 'October', 'At P.M. Gmt', 'Min Read']
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MARIE — Algoma Steel Group Inc. says it expects to report an adjusted loss before deductions of between $80 million to $90 million in its third quarter results.
The Sault Ste.
Marie-based steel producer says in its guidance for the quarter ending Sept. 30 that it expects steel shipments for quarter to be between 415,000 and 420,000 net tons.
This report by The Canadian Press was first published Oct. 1, 2025.
Companies in this story: (TSX:ASTL)The Canadian Press