Steel

Algoma Steel

Algoma Steel released FY2026 Q1 earnings on May 12 After-Market (EST), actual revenue USD 213.14 M (forecast USD 219.63 M), actual EPS USD -1.0517 (forecast USD 0.102)

Algoma Steel to release FY2026 Q1 earnings on May 12 After-Market EST, forecast revenue USD 223.25 M, EPS USD 0.102

Algoma Steel released FY2025 earnings on March 11 After-Market EST, actual revenue USD 1.502 B (forecast USD 1.531 B), actual EPS USD -6.5267 (forecast USD -4.694)

Algoma Steel released FY2025 Q4 earnings on March 11 After-Market (EST), actual revenue USD 332.16 M (forecast USD 346.25 M), actual EPS USD -2.4529 (forecast USD -0.5767)

Algoma Steel to Release FY2025 Q4 Earnings on March 11 After-Market (EST), Forecast Revenue USD 341.66M, EPS USD -0.5755

Algoma Steel and Hanwha Ocean Sign Submarine Project Cooperation Agreement

Algoma Steel Group Inc. Announces Quarterly Financial Guidance

Algoma Steel forecasts Q4 2025 shipment and Adjusted EBITDA

Algoma Steel Group Inc Announces Layoffs and Business Closures in 2026

Algoma Steel Group Receives 500 Million CAD Government Funding for Transformation

Algoma Steel Group Inc. receives $500 million in funding from Canadian and Ontario governments

Algoma Steel released FY2025 Q3 earnings on October 29 After-Market (EST), actual revenue USD 376.34 M (forecast USD 345.91 M), actual EPS USD -3.2038 (forecast USD -0.668)

Algoma Steel released FY2025 9 Months Earnings on October 29 After-Market EST, with actual revenue of USD 1.168 B and EPS of USD -4.285

Algoma Steel Group Inc Reports $485.1 Million Net Loss in Q3

China Files WTO Complaint Against Canada's Additional Tariffs on Chinese Steel Products

Algoma Steel Seeks Loan and Shifts to Domestic Market Due to US Tariffs

Algoma Steel Inc. Reports Worsening Losses in Q2 2025

Algoma Steel Comments on Trade Impasse and Tariffs and Seeks Financial Support

Algoma Steel to Release Q2 2025 Financial Results

Algoma Steel Launches New Electric Arc Furnace Project

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AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

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ASTL

In a report released today, Ian Gillies from Stifel Nicolaus maintained a Buy rating on Algoma Steel Group, with a price target of C$11.50.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks According to TipRanks, Gillies is ranked #462 out of 12188 analysts. Algoma Steel Group has an analyst consensus of Moderate Buy, with a price target consensus of C$7.84.

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Stifel Financial

Algoma Steel - CW26

STIFEL FINANCIAL CORP 6.125% DEP SHS REP 1/1000 NON CU PF SR C

Stifel Financial Pref Share SFB 5.2 10/15/47

STIFEL FINANCIAL CORP 6.25%NON CUM DEP SHS REP 1/1000TH SER B

STIFEL FINANCIAL CORP 4.50% DEP SHS REP 1/1000TH PREF SHS SR D

Algoma Steel Group (ASTL) Gets a Buy from Stifel Nicolaus

ASTLW

Algoma Steel Group (NASDAQ:ASTL) reported a Q1 2026 adjusted EBITDA loss of $28.7 million, following its transition to a fully electric arc furnace operation. Shipments fell 52.4% year-over-year, but average net sales realization increased by 21%. The company is focusing on high-value plate products and has formed a joint venture for ballistic steel production. Despite challenges from US tariffs costing $27.4 million this quarter, Algoma maintains strong liquidity of $553 million and aims for break-even EBITDA by Q4 2026 as operations stabilize.

benzinga_article

Algoma Steel Group Q1 2026 Earnings Call: Complete Transcript

Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended March 31, 2026 | ASTL Stock News

StockTitan

Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended March 31, 2026 | ASTL Stock News

Futures are declining as Iran peace progress weighs on markets. The U.A.E. has reportedly conducted military strikes on Iran, marking its active involvement in the conflict. In Canada, several companies are set to report their Q1 earnings, including AGT Food and Ingredients and Algoma Steel. BMO announced a strategic sale of its Transportation and Vendor Finance businesses to enhance growth and returns. Key economic indicators and earnings reports are expected today, including U.S. CPI and small business optimism index.

MorningStar

North American Morning Briefing: Futures Decline as Iran Peace Progress Weighs -2-

CENX

American Steel and Aluminum (ASA) has opened a new 50,000 square-foot facility in Syracuse, New York, to enhance its manufacturing capacity in response to rising demand in sectors like data centers, defense, and renewable energy. This expansion marks ASA's second facility in Syracuse and aims to improve throughput and lead times for customers. ASA's vertically integrated model allows it to control production from raw materials to finished products, positioning the company to meet the growing needs of its customer base effectively.

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AK Steel Holding Corporation

Century Aluminum

08:46 ETAmerican Steel and Aluminum Opens New 50,000-Square-Foot Syracuse Facility, Expanding Operations to Meet Surging Demand

SHOP

AGCO

SHPU

North American stocks are poised for a rebound, driven by strong earnings reports. Key earnings announcements include companies like Shopify, Cameco, and Algoma Steel. Economic indicators such as Canada's Services PMI and international merchandise trade data are also set to be released. Notable earnings expectations for Tuesday include AGCO Corp and Cummins Inc. Additionally, the Bank of Canada is monitoring high energy prices, and market dynamics remain mixed due to macroeconomic uncertainties and trade relations with the U.S.

Shopify 

Cameco

Cummins

Direxion Daily SHOP Bull 2X ETF

North American Morning Briefing: Stocks Set to Rebound on Strong Earnings -2-

Algoma Steel Group Inc. will release its first-quarter 2026 financial results on May 12, 2026, after market close, followed by a conference call on May 13. The company is transitioning to electric arc furnace steelmaking to reduce emissions and support its low-emission Volta steel brand. This move is part of a larger decarbonization project in North America. Analysts rate Algoma Steel stock as a Buy with a C$11.50 price target, although recent performance has shown significant losses and higher leverage, leading to a Neutral rating from some analysts.

Algoma Steel Sets May 12 Release for First-Quarter 2026 Results Amid Major Green Transition

Algoma Steel(ASTL.US)

Algoma Steel Group (ASTL) Gets a Buy from Stifel Nicolaus

Algoma Steel Group Q1 2026 Earnings Call: Complete Transcript

Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended March 31, 2026 | ASTL Stock News

North American Morning Briefing: Futures Decline as Iran Peace Progress Weighs -2-

08:46 ETAmerican Steel and Aluminum Opens New 50,000-Square-Foot Syracuse Facility, Expanding Operations to Meet Surging Demand

North American Morning Briefing: Stocks Set to Rebound on Strong Earnings -2-

Algoma Steel Sets May 12 Release for First-Quarter 2026 Results Amid Major Green Transition