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Algoma Steel Provides Guidance for the Fourth Quarter of 2025

Algoma Steel plans full transition to electric arc furnace steelmaking by Q4 2025 with asset optimization and carbon emissions reduction, targeting improved domestic supply chains.

Summary by Globe Newswire
SAULT STE. MARIE, Ontario, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading...

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Algoma Steel Provides Guidance for the Fourth Quarter of 2025

SAULT STE. MARIE, Ontario, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading...

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Canada's Algoma Steel winds down blast furnaces in shift to electric arc

Algoma Steel projects 375k-380k tons shipped and Q4 adjusted EBITDA between -$95M and -$105M while ramping its first electric arc furnace unit.

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  • 67% of the sources lean Left
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The Hamilton Spectator broke the news in Hamilton, Canada on Thursday, January 8, 2026.
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