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Algoma Steel Group Provides Q3 Adjusted EBITDA, Shipments Guidance

Algoma Steel Group Provides Q3 Adjusted EBITDA, Shipments Guidance

MT newswireMT newswire2026/10/02 09:55
05:55 AM EDT, 10/02/2026 (MT Newswires) -- Algoma Steel Group (ASTL.TO) expects total steel shipments of about 145,000 tons and adjusted EBITDA of negative CA$10 million to negative CA$20 million for the third quarter. The guidance for adjusted EBITDA includes the benefit of an expected capacity utilization adjustment of about CA$50 million to CA$55 million, the company said Thursday.
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