Algoma Steel Sets 2026 Shipment Target of 1M-1.2M Tons Amid EAF Transition and Tariff-Driven Market Shift
ByAinvest
Thursday, Mar 12, 2026 3:53 pm ET1min read
ASTL--
Algoma Steel Group Inc. (ASTL) has outlined its 2026 shipment target of 1M-1.2M tons. The company is transitioning to electric arc furnace (EAF) production and has been impacted by the 50% U.S. Section 232 tariff, which has effectively closed the American market to it.
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