Algoma Steel Group Narrows Q3 Net Loss YoY
MT newswire2026/10/29 10:27Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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06:27 AM EDT, 10/29/2026 (MT Newswires) -- Algoma Steel Group (ASTL.TO) on Wednesday reported Q3 net loss of CA$129.6 million, or a loss of CA$1.18 per share, narrowing from a loss of CA$485.1 million, or a loss of CA$4.46 per share. Analysts polled by FactSet expected a loss of CA$0.70, with four analysts reporting. Revenue was CA$249.4 million, down from CA$523.9 million. Analysts expected CA$229.5 million, with three analysts reporting.
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