How did Algoma Steel's revenue and expenses trend in Q2 2025?

Algoma Steel's revenue and expenses in Q2 2025 are not currently available. However, based on the latest available data from Q1 2025, the following trends can be observed:

1. **Revenue Trend**: Algoma Steel reported consolidated revenue of $517.1 million for Q1 2025, which represents a decline from $620.6 million in the previous year. This indicates a challenging revenue trend for the company in the first quarter of 2025.
2. **Expense Trend**: The company's total expenses for Q1 2025, including adjusted EBITDA, were $46.7 million. This includes a loss from operations of $139.9 million and a net loss of $24.5 million. The adjusted EBITDA loss of $46.7 million, which includes a $50 million insurance proceeds receivable, suggests that the company's expenses were substantial, and operational performance was under pressure.

In conclusion, Algoma Steel experienced a decline in revenue and an increase in expenses in Q1 2025, which could potentially indicate a challenging financial period for the company. However, it's important to note that these figures are from Q1 2025, and the revenue and expenses for Q2 2025 are not currently available.