Algoma Steel Sees Q4 Loss on Tariffs and Blast Furnace Wind-Down

Key Takeaways ASTL guided Q4 shipments of 375,000-380,000 tons and Adjusted EBITDA in a negative C$95M-C$105M range.Results reflect headwinds from tariffs and the wind-down of blast furnace operations.ASTL sees EAF ramp-up as the first unit runs six days weekly; the second unit stays scheduled.Algoma Steel Group Inc. (ASTL) recently announced its guidance for its fourth quarter ended Dec. 31, 2025. Algoma, one of the leading producers of hot and cold rolled steel sheet and plate products, expects to clock t ...