<p>安大略省苏圣玛丽，2026 年 1 月 8 日（GLOBE NEWSWIRE）——Algoma Steel Group Inc.（纳斯达克：ASTL；多伦多证券交易所：ASTL）（“Algoma” 或 “公司”），作为加拿大领先的热轧和冷轧钢板及钢材产品生产商，今天提供了截至 2025 年 12 月 31 日的季度指导。除非另有说明，所有金额均以加元计。</p>
<p>预计本季度的钢材出货量将在 375,000 到 380,000 吨之间，调整后的息税折旧摊销前利润（Adjusted EBITDA）预计将在负 9500 万到负 1.05 亿之间。</p>
<p>Algoma 首席执行官 Rajat Marwah 评论道：“我们的第四季度业绩符合预期，反映了钢铁关税的持续影响以及之前宣布的高炉运营的逐步结束，预计将在接下来的几天内完成。我们对电弧炉（EAF）项目第一台设备的持续提升感到鼓舞，该设备目前每周运营 6 天，我们在第二台设备的进度上也保持在计划之内。在本季度完成向 EAF 钢铁生产的过渡时，我们继续优化现有资产，并与潜在合作伙伴推进讨论，以扩大我们的后处理能力。这一战略与加拿大的国家利益紧密相连——增强国内钢铁生产能力，支持关键基础设施和国防供应链，并增强加拿大的长期工业竞争力。”</p>
<p><strong>关于 Algoma Steel</strong></p>
<p>Algoma 总部位于安大略省苏圣玛丽，是加拿大领先的高质量钢板和钢材产品生产商，骄傲地支持包括能源、国防、汽车、造船和基础设施等关键行业。Algoma 以建设更美好的生活和更绿色的未来为目标，正在塑造加拿大可持续钢铁生产的下一代。</p>
<p>随着向电弧炉（EAF）钢铁生产的过渡和现代化的钢板厂，Algoma 正在重新定义加拿大的钢铁生产方式。依靠安大略省的清洁电力网络，这一转型代表了北美最大的工业脱碳倡议之一，预计在完全过渡后将减少约 70% 的碳排放。这些进展为继续投资与加拿大不断变化的需求相一致的多元化项目提供了稳定性。</p>
<p>这一新篇章还推出了 Volta™，这是通过 Algoma 的 EAF 技术生产的所有钢材的品牌。Volta 提供与客户所依赖的相同可信赖的性能，同时显著降低排放——在加拿大安全、可持续和自豪地生产。</p>
<p>基于超过一个世纪的钢铁生产专业知识，Algoma 继续投资于其员工、流程和技术，以增强国内供应链，并提供负责任的、加拿大制造的钢材，帮助建设更美好的明天。</p>
<p><strong>关于前瞻性声明的警示性声明</strong></p>
<p>本新闻稿包含根据适用的加拿大证券立法的 “前瞻性信息” 和根据 1995 年美国私人证券诉讼改革法的定义的 “前瞻性声明”（统称为 “前瞻性声明”），包括关于截至 2025 年 12 月 31 日的季度预计总钢材出货量和调整后的息税折旧摊销前利润（Adjusted EBITDA）、Algoma 完全过渡到电弧炉（EAF）钢铁生产及其时间安排，包括高炉运营的逐步结束和第二台 EAF 设备的运营、钢铁关税的影响、资产的优化和后处理能力的扩展、Algoma 的未来表现和地位、Algoma 现代化其钢板厂和采用 EAF 技术的转型、Algoma 战略与加拿大国家利益的对齐、Algoma 对减少碳排放的预期及其加强国内供应链和提供负责任的加拿大制造钢材的投资。这些前瞻性声明通常通过 “相信”、“项目”、“期望”、“预期”、“估计”、“打算”、“战略”、“未来”、“机会”、“计划”、“设计”、“管道”、“可能”、“应该”、“将”、“会”、“将会”、“将继续”、“可能导致” 等类似表达来识别。前瞻性声明是关于未来事件的预测、预测和其他声明，基于当前的期望和假设。许多因素可能导致实际未来事件与本文件中的前瞻性声明存在重大差异。读者应考虑在 Algoma 向安大略证券委员会（“OSC”）提交的年度信息表中列出的风险和不确定性（可在公司 SEDAR+ 档案中找到，网址为 www.sedar.com）以及在 SEC 提交的年度报告 Form 40-F 中列出的风险和不确定性（可在 www.sec.gov 找到），以及 Algoma 向 OSC 和 SEC 提交的季度和当前报告。前瞻性声明仅在作出时有效。读者被警告不要对前瞻性声明过度依赖，Algoma 不承担任何义务，也不打算更新或修订这些前瞻性声明，无论是由于新信息、未来事件还是其他原因。</p>
<p><strong>非公认会计原则财务指标</strong></p>
<p>为了补充我们的财务报表，这些报表是根据国际会计准则理事会（“IASB”）发布的国际财务报告准则（“IFRS 会计准则”）编制的，我们使用某些非公认会计原则（non-GAAP）指标来评估 Algoma 的表现。这些术语在 IFRS 会计准则中没有任何标准化的定义，因此可能无法与其他公司提供的类似指标进行比较。相反，这些指标作为额外信息提供，以补充这些 IFRS 会计准则指标，从管理层的角度进一步理解我们的财务表现。因此，它们不应被孤立考虑，也不应作为分析我们根据 IFRS 会计准则报告的财务信息的替代品。</p>
<p>我们所定义的调整后 EBITDA 是指在扣除物业、厂房、设备的摊销和无形资产的摊销、财务费用、养老金及其他后就业福利义务的利息、所得税、外汇损失（收益）、财务收入、碳税、认股权证公允价值变动、收益和基于股份的补偿负债、与公司综合长期激励计划相关的基于股份的补偿、某些存货减值和减值损失之前的净收入（损失）。调整后 EBITDA 利润率是通过将调整后 EBITDA 除以相应期间的收入来计算的。调整后 EBITDA 并不旨在代表根据 IFRS 会计准则定义的经营现金流，也不应被视为经营净利润（损失）或任何其他由 IFRS 会计准则规定的业绩指标的替代品。我们所定义和使用的调整后 EBITDA 可能无法与其他公司定义和使用的调整后 EBITDA 进行比较。我们认为调整后 EBITDA 是评估我们经营表现的一个有意义的指标，除了 IFRS 会计准则外。之所以包括它，是因为我们相信它在衡量我们的经营表现和扩展业务的能力方面是有用的，并为管理层和投资者提供了额外的信息，以便在不同时间段之间以及与其他公司的经营结果进行比较。分析师和我们的贷款方也将调整后 EBITDA 作为我们财务表现的一个指标。此外，我们认为调整后 EBITDA 利润率是一个有用的指标，可以增强我们在不同时间段内的经营表现和盈利能力的可比性。然而，这些指标作为分析工具存在局限性，不应与净收入、经营现金流或其他根据 IFRS 会计准则编制的数据孤立考虑或作为替代品。由于这些局限性，这些指标不应被视为可用于投资于业务增长或减少债务的可支配现金的指标。我们通过主要依赖我们的 IFRS 会计准则结果来弥补这些局限性，仅将这些指标作为对这些结果的补充。</p>
<p>如需更多信息，请联系：</p>
<p><strong>Michael Moraca</strong></p>
<p>首席财务官</p>
<p>电话：705.945.3300</p>
<p>电子邮件：IR@algoma.com</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZeU1qWXdOU00zTXpVeU16QXpJekl5TWpJd05qUT0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZeU1qWXdOU00zTXpVeU16QXpJekl5TWpJd05qUT0"/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/YzIwNGI2YTItYWFjMy00YjkwLThmZTMtOTZmMjczODdmNjY0LTEyMzM2MTctMjAyNi0wMS0wOC1lbg==/tiny/Algoma-Steel-Inc.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/YzIwNGI2YTItYWFjMy00YjkwLThmZTMtOTZmMjczODdmNjY0LTEyMzM2MTctMjAyNi0wMS0wOC1lbg==/tiny/Algoma-Steel-Inc.png"/></p>

ASTL

<p>Algoma Steel Group Inc. 提供了 2025 年第四季度的指导，预计钢铁出货量在 375,000 到 380,000 吨之间，调整后息税折旧摊销前利润（Adjusted EBITDA）为负 9500 万美元到负 1.05 亿美元。首席执行官 Rajat Marwah 指出了钢铁关税和高炉运营逐步结束的影响。公司正在向电弧炉（EAF）钢铁生产转型，目标是将碳排放减少约 70%。Algoma 继续投资于其能力，以加强国内供应链并支持加拿大的工业竞争力</p>

<p>SAULT STE. MARIE, Ontario, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its quarter ended December 31, 2025. Unless otherwise specified, all amounts are in Canadian dollars.</p>
<div class="lb-trans"><p>安大略省苏圣玛丽，2026 年 1 月 8 日（GLOBE NEWSWIRE）——Algoma Steel Group Inc.（纳斯达克：ASTL；多伦多证券交易所：ASTL）（“Algoma” 或 “公司”），作为加拿大领先的热轧和冷轧钢板及钢材产品生产商，今天提供了截至 2025 年 12 月 31 日的季度指导。除非另有说明，所有金额均以加元计。</p>
</div><p>Total steel shipments for the quarter are expected to be in the range of 375,000 to 380,000 tons and Adjusted EBITDA is expected to be in the range of negative $95 million to negative $105 million.</p>
<div class="lb-trans"><p>预计本季度的钢材出货量将在 375,000 到 380,000 吨之间，调整后的息税折旧摊销前利润（Adjusted EBITDA）预计将在负 9500 万到负 1.05 亿之间。</p>
</div><p>Rajat Marwah, Chief Executive Officer of Algoma, commented, “Our fourth-quarter results were in line with expectations, reflecting the continued impact of steel tariffs and the previously announced wind-down of our blast furnace operations, which are expected to conclude in the coming days. We are encouraged by the ongoing ramp-up of the first unit of our Electric Arc Furnace (“EAF”) project, which is now operating 6 days per week, and we remain on schedule with the second unit. As we move toward completing our transition to EAF steelmaking during the current quarter, we continue to optimize our existing assets and advance discussions with potential partners to expand our finishing capabilities. This strategy is deliberately aligned with Canada’s national interest—strengthening domestic steelmaking capacity, supporting critical infrastructure and defence supply chains, and reinforcing Canada’s long-term industrial competitiveness.”</p>
<div class="lb-trans"><p>Algoma 首席执行官 Rajat Marwah 评论道：“我们的第四季度业绩符合预期，反映了钢铁关税的持续影响以及之前宣布的高炉运营的逐步结束，预计将在接下来的几天内完成。我们对电弧炉（EAF）项目第一台设备的持续提升感到鼓舞，该设备目前每周运营 6 天，我们在第二台设备的进度上也保持在计划之内。在本季度完成向 EAF 钢铁生产的过渡时，我们继续优化现有资产，并与潜在合作伙伴推进讨论，以扩大我们的后处理能力。这一战略与加拿大的国家利益紧密相连——增强国内钢铁生产能力，支持关键基础设施和国防供应链，并增强加拿大的长期工业竞争力。”</p>
</div><p><strong>About Algoma Steel</strong></p>
<div class="lb-trans"><p><strong>关于 Algoma Steel</strong></p>
</div><p>Based in Sault Ste. Marie, Ontario, Algoma is a leading Canadian producer of high-quality plate and sheet steel products, proudly supporting critical sectors including energy, defense, automotive, shipbuilding, and infrastructure. Guided by a purpose to build better lives and a greener future, Algoma is shaping the next generation of sustainable steelmaking in Canada.</p>
<div class="lb-trans"><p>Algoma 总部位于安大略省苏圣玛丽，是加拿大领先的高质量钢板和钢材产品生产商，骄傲地支持包括能源、国防、汽车、造船和基础设施等关键行业。Algoma 以建设更美好的生活和更绿色的未来为目标，正在塑造加拿大可持续钢铁生产的下一代。</p>
</div><p>With the transition to electric arc furnace (EAF) steelmaking and a modernized plate mill, Algoma is redefining how steel is made in Canada. Powered by Ontario’s clean electricity grid, this transformation represents one of the largest industrial decarbonization initiatives in North America and is expected to reduce carbon emissions by approximately 70% once fully transitioned. These advancements provide stability for continued investment in diversification projects aligned with Canada’s evolving needs.</p>
<div class="lb-trans"><p>随着向电弧炉（EAF）钢铁生产的过渡和现代化的钢板厂，Algoma 正在重新定义加拿大的钢铁生产方式。依靠安大略省的清洁电力网络，这一转型代表了北美最大的工业脱碳倡议之一，预计在完全过渡后将减少约 70% 的碳排放。这些进展为继续投资与加拿大不断变化的需求相一致的多元化项目提供了稳定性。</p>
</div><p>This new chapter also introduces Volta™, the brand for all steel produced through Algoma’s EAF technology. Volta delivers the same trusted performance customers rely on, with significantly lower emissions—produced safely, sustainably, and proudly in Canada.</p>
<div class="lb-trans"><p>这一新篇章还推出了 Volta™，这是通过 Algoma 的 EAF 技术生产的所有钢材的品牌。Volta 提供与客户所依赖的相同可信赖的性能，同时显著降低排放——在加拿大安全、可持续和自豪地生产。</p>
</div><p>Building on more than a century of steelmaking expertise, Algoma continues to invest in its people, processes, and technologies to strengthen domestic supply chains and deliver responsible, Canadian-made steel that helps build a better tomorrow.</p>
<div class="lb-trans"><p>基于超过一个世纪的钢铁生产专业知识，Algoma 继续投资于其员工、流程和技术，以增强国内供应链，并提供负责任的、加拿大制造的钢材，帮助建设更美好的明天。</p>
</div><p><strong>Cautionary Statement Regarding Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>关于前瞻性声明的警示性声明</strong></p>
</div><p>This news release contains “forward-looking information” under applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”), including statements regarding expected total steel shipments and Adjusted EBITDA for the quarter ended December 31, 2025, Algoma’s full transition to electric arc furnace (EAF) steelmaking and the timing thereof, including wind-down of blast furnace operations and the operation of the second EAF unit, the impact of steel tariffs, the optimization of assets and expansion of finishing capabilities, Algoma’s future performance and position, Algoma’s transformation to modernize its plate mill and adopt EAF technology, the alignment of Algoma’s strategy with Canadian national interests, Algoma’s expectations regarding reduction in carbon emissions and its investments to strengthen domestic supply chains and to deliver responsible Canadian-made steel. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “design,” “pipeline,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. Readers should consider the risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Information” in Algoma’s annual information form, filed by Algoma with the Ontario Securities Commission (the “OSC”) (available under the company’s SEDAR+ profile at www.sedar.com) and with the SEC (available at www.sec.gov) as part of its annual report on Form 40-F, as well as in Algoma’s quarterly and current reports filed with the OSC and SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Algoma assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.</p>
<div class="lb-trans"><p>本新闻稿包含根据适用的加拿大证券立法的 “前瞻性信息” 和根据 1995 年美国私人证券诉讼改革法的定义的 “前瞻性声明”（统称为 “前瞻性声明”），包括关于截至 2025 年 12 月 31 日的季度预计总钢材出货量和调整后的息税折旧摊销前利润（Adjusted EBITDA）、Algoma 完全过渡到电弧炉（EAF）钢铁生产及其时间安排，包括高炉运营的逐步结束和第二台 EAF 设备的运营、钢铁关税的影响、资产的优化和后处理能力的扩展、Algoma 的未来表现和地位、Algoma 现代化其钢板厂和采用 EAF 技术的转型、Algoma 战略与加拿大国家利益的对齐、Algoma 对减少碳排放的预期及其加强国内供应链和提供负责任的加拿大制造钢材的投资。这些前瞻性声明通常通过 “相信”、“项目”、“期望”、“预期”、“估计”、“打算”、“战略”、“未来”、“机会”、“计划”、“设计”、“管道”、“可能”、“应该”、“将”、“会”、“将会”、“将继续”、“可能导致” 等类似表达来识别。前瞻性声明是关于未来事件的预测、预测和其他声明，基于当前的期望和假设。许多因素可能导致实际未来事件与本文件中的前瞻性声明存在重大差异。读者应考虑在 Algoma 向安大略证券委员会（“OSC”）提交的年度信息表中列出的风险和不确定性（可在公司 SEDAR+ 档案中找到，网址为 www.sedar.com）以及在 SEC 提交的年度报告 Form 40-F 中列出的风险和不确定性（可在 www.sec.gov 找到），以及 Algoma 向 OSC 和 SEC 提交的季度和当前报告。前瞻性声明仅在作出时有效。读者被警告不要对前瞻性声明过度依赖，Algoma 不承担任何义务，也不打算更新或修订这些前瞻性声明，无论是由于新信息、未来事件还是其他原因。</p>
</div><p><strong>Non-GAAP Financial Measures</strong></p>
<div class="lb-trans"><p><strong>非公认会计原则财务指标</strong></p>
</div><p>To supplement our financial statements, which are prepared in accordance with IFRS® Accounting Standards as issued by the International Accounting Standards Board (“IASB”) (“IFRS Accounting Standards”), we use certain non-GAAP measures to evaluate the performance of Algoma. These terms do not have any standardized meaning prescribed within IFRS Accounting Standards and, therefore, may not be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS Accounting Standards measures by providing a further understanding of our financial performance from management’s perspective. Accordingly, they should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS Accounting Standards.</p>
<div class="lb-trans"><p>为了补充我们的财务报表，这些报表是根据国际会计准则理事会（“IASB”）发布的国际财务报告准则（“IFRS 会计准则”）编制的，我们使用某些非公认会计原则（non-GAAP）指标来评估 Algoma 的表现。这些术语在 IFRS 会计准则中没有任何标准化的定义，因此可能无法与其他公司提供的类似指标进行比较。相反，这些指标作为额外信息提供，以补充这些 IFRS 会计准则指标，从管理层的角度进一步理解我们的财务表现。因此，它们不应被孤立考虑，也不应作为分析我们根据 IFRS 会计准则报告的财务信息的替代品。</p>
</div><p>Adjusted EBITDA, as we define it, refers to net income (loss) before amortization of property, plant, equipment and amortization of intangible assets, finance costs, interest on pension and other post-employment benefit obligations, income taxes, foreign exchange loss (gain), finance income, carbon tax, changes in fair value of warrant, earnout and share-based compensation liabilities, share-based compensation related to the Company’s Omnibus Long Term Incentive Plan, certain inventory write-downs and impairment loss. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by revenue for the corresponding period. Adjusted EBITDA is not intended to represent cash flow from operations, as defined by IFRS Accounting Standards, and should not be considered as alternatives to net profit (loss) from operations, or any other measure of performance prescribed by IFRS Accounting Standards. Adjusted EBITDA, as we define and use it, may not be comparable to Adjusted EBITDA as defined and used by other companies. We consider Adjusted EBITDA to be a meaningful measure to assess our operating performance in addition to IFRS Accounting Standards. It is included because we believe it can be useful in measuring our operating performance and our ability to expand our business and provide management and investors with additional information for comparison of our operating results across different time periods and to the operating results of other companies. Adjusted EBITDA is also used by analysts and our lenders as a measure of our financial performance. In addition, we consider Adjusted EBITDA margin to be a useful measure of our operating performance and profitability across different time periods that enhance the comparability of our results. However, these measures have limitations as analytical tools and should not be considered in isolation from, or as alternatives to, net income, cash flow from operations or other data prepared in accordance with IFRS Accounting Standards. Because of these limitations, such measures should not be considered as measures of discretionary cash available to invest in business growth or to reduce indebtedness. We compensate for these limitations by relying primarily on our IFRS Accounting Standards results using such measures only as supplements to such results.</p>
<div class="lb-trans"><p>我们所定义的调整后 EBITDA 是指在扣除物业、厂房、设备的摊销和无形资产的摊销、财务费用、养老金及其他后就业福利义务的利息、所得税、外汇损失（收益）、财务收入、碳税、认股权证公允价值变动、收益和基于股份的补偿负债、与公司综合长期激励计划相关的基于股份的补偿、某些存货减值和减值损失之前的净收入（损失）。调整后 EBITDA 利润率是通过将调整后 EBITDA 除以相应期间的收入来计算的。调整后 EBITDA 并不旨在代表根据 IFRS 会计准则定义的经营现金流，也不应被视为经营净利润（损失）或任何其他由 IFRS 会计准则规定的业绩指标的替代品。我们所定义和使用的调整后 EBITDA 可能无法与其他公司定义和使用的调整后 EBITDA 进行比较。我们认为调整后 EBITDA 是评估我们经营表现的一个有意义的指标，除了 IFRS 会计准则外。之所以包括它，是因为我们相信它在衡量我们的经营表现和扩展业务的能力方面是有用的，并为管理层和投资者提供了额外的信息，以便在不同时间段之间以及与其他公司的经营结果进行比较。分析师和我们的贷款方也将调整后 EBITDA 作为我们财务表现的一个指标。此外，我们认为调整后 EBITDA 利润率是一个有用的指标，可以增强我们在不同时间段内的经营表现和盈利能力的可比性。然而，这些指标作为分析工具存在局限性，不应与净收入、经营现金流或其他根据 IFRS 会计准则编制的数据孤立考虑或作为替代品。由于这些局限性，这些指标不应被视为可用于投资于业务增长或减少债务的可支配现金的指标。我们通过主要依赖我们的 IFRS 会计准则结果来弥补这些局限性，仅将这些指标作为对这些结果的补充。</p>
</div><p>For more information, please contact:</p>
<div class="lb-trans"><p>如需更多信息，请联系：</p>
</div><p><strong>Michael Moraca</strong></p>
<div class="lb-trans"><p><strong>Michael Moraca</strong></p>
</div><p>Chief Financial Officer</p>
<div class="lb-trans"><p>首席财务官</p>
</div><p>Phone: 705.945.3300</p>
<div class="lb-trans"><p>电话：705.945.3300</p>
</div><p>E-mail: IR@algoma.com</p>
<div class="lb-trans"><p>电子邮件：IR@algoma.com</p>
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Algoma Steel 发布 2025 年第四季度指引 | ASTL 股票新闻