Algoma Steel Reports Q4 Losses of $95-$105M Amid US Tariffs

Tuesday, Jan 13, 2026 9:45 am ET1min read
ASTL--

Algoma Steel expects Q4 losses of $95M-$105M due to US tariffs. Steel shipments for the quarter are expected to be 375,000 to 380,000 tons. The company is ramping up its Electric Arc Furnace project to meet domestic demand and is working to optimize its assets and expand finishing capabilities.

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