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Algoma Steel guides to Q1 EBITDA loss of $25M-$35M | ASTL Stock News
Algoma Steel Group Inc. has provided Q1 2026 guidance, expecting total steel shipments of approximately 220,000 tons and an Adjusted EBITDA loss ranging from $25 million to $35 million. This guidance includes a $90-$95 million capacity utilization adjustment related to the Electric Arc Furnace (EAF) ramp-up. The company has completed its transition to EAF steelmaking after investing nearly $1 billion and is now producing its low-carbon Volta brand steel continuously.