tiprankstipranks
Algoma Steel Projects Q2 2025 Financial Outlook
Company Announcements

Algoma Steel Projects Q2 2025 Financial Outlook

Story Highlights

Algoma Steel Group (TSE:ASTL) has released an update.

Don't Miss our Black Friday Offers:

Algoma Steel Group Inc., a Canadian steel producer, expects to ship between 510,000 to 520,000 tons of steel and anticipates an Adjusted EBITDA ranging from $5 million to negative $5 million for its fiscal second quarter of 2025. The company is navigating through challenging market conditions but remains optimistic about capitalizing on future opportunities and is set to begin commissioning its environmentally sustainable Electric Arc Furnace by year-end.

For further insights into TSE:ASTL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyAlgoma Steel price target raised to C$22 from C$20 at Stifel
TheFlyAlgoma Steel price target raised to C$20 from C$19 at Stifel
TheFlyAlgoma Steel price target raised to C$18 from C$15 at BMO Capital
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App