Algoma Steel Group Inc. Provides Guidance for the First Quarter 2026
Algoma Steel Group Inc. has fully transitioned to electric arc furnace steelmaking, marking a significant milestone after close to $1 billion investment. The company expects Q1 2026 steel shipments of approximately 220,000 tons and adjusted EBITDA ranging between negative $25 million and negative $35 million, factoring in high fixed costs during th…