Algoma Steel Group Inc. Provides Guidance for the Third Quarter 2026
Algoma Steel Group Inc. (ASTL) expects Q3 2026 steel shipments of 145,000 tons and Adjusted EBITDA between -$10M and -$20M. The company restored power at Lake Superior Power and is nearing production at EAF Unit Two. CEO Rajat Marwah and CFO Michael Moraca discussed the impacts of the turbine outage and future plans.
