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Algoma Steel Group, Inc. reported shipments of approximately 144,500 tons and an adjusted EBITDA loss of $13.9 million. Fourth-quarter shipments are expected to increase approximately 25% to 35% as both EAF units ramp.
Algoma Steel Group Inc. reported third-quarter revenue of $249.4 million, net loss of $129.6 million and Adjusted EBITDA loss of $13.9 million; EAF Unit Two produced first steel on October 9, 2026.
Algoma Steel Group Inc. will release its 2026 third quarter financial results after the market closes on Wednesday, October 28, 2026, followed by a webcast and conference call on Thursday, October 29, 2026 at 11:00 a.m. Eastern Time.
Algoma Steel Group Inc. guided to third quarter 2026 steel shipments of approximately 145,000 tons and Adjusted EBITDA of negative $10 million to negative $20 million, including an expected capacity utilization adjustment of approximately $50 million to $55 million.
