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ASTLWAlgoma Steel Group Inc. Warrant

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Algoma Steel Group Inc. Provides Guidance for the Third Quarter 2026Algoma Steel reported Q3 2026 guidance with expected steel shipments of approximately 145,000 tons and Adjusted EBITDA between negative $10-20 million. The company successfully restored full power at Lake Superior Power plant after a turbine replacement and expects first heat from EAF Unit Two in the coming days. Despite near-term headwinds from the power outage and lower shipment volumes, management expressed optimism about improved steel prices and the company's transformation progress.GlobeNewswire Inc. · Oct 1, 2026

Algoma Steel Group Inc. to Announce 2026 Second Quarter Results July 29, 2026Algoma Steel Group Inc. announced that it will release its 2026 second quarter financial results on July 29, 2026, followed by a webcast and conference call on July 30, 2026. The company continues its transformation to electric arc furnace (EAF) steelmaking, which is expected to reduce carbon emissions by approximately 70% once fully transitioned.GlobeNewswire Inc. · Jul 16, 2026

USW condemns decision to abolish the Canadian Ombudsperson for Responsible EnterpriseThe United Steelworkers union strongly opposes the federal government's decision to abolish the Office of the Canadian Ombudsperson for Responsible Enterprise (CORE), arguing that while the office had limitations, eliminating it removes an important tool for holding Canadian companies accountable for human rights and labour rights abuses abroad. The USW calls on the government to reverse the decision and establish a genuinely independent ombudsperson with stronger investigative powers.GlobeNewswire Inc. · Jun 19, 2026

Le Syndicat des Métallos condamne la décision d’abolir le poste d’ombudsman canadien de la responsabilité des entreprisesThe United Steelworkers union strongly condemns the federal government's decision to close the Canadian Ombudsperson for Responsible Enterprise (CORE), arguing it removes a critical tool for holding Canadian companies accountable for human rights and labor violations abroad. While acknowledging CORE's limitations, the union calls for a truly independent ombudsperson with real investigative powers rather than complete abolition.GlobeNewswire Inc. · Jun 19, 2026

Algoma Steel Releases 2025 Sustainability ReportAlgoma Steel announced its 2025 Sustainability Report, marking a pivotal year with the successful commissioning of its first Electric Arc Furnace (EAF) in July 2025 and the decommissioning of its blast furnace operations in January 2026. The transition to EAF steelmaking is expected to reduce carbon emissions intensity by approximately 70% once fully operational, positioning Algoma as a leading producer of lower-carbon steel. The company introduced Volta™, its new brand for EAF-produced steel.GlobeNewswire Inc. · Jun 4, 2026

Roshel Algoma Defence Partnership to Strengthen Canada’s Defence Industrial BaseAlgoma Steel Group Inc. and Roshel Inc. have formed Roshel Algoma Defence Solutions Inc., a joint venture to establish a Canadian Centre of Excellence for Ballistic Steel Production. The partnership aims to deliver sovereign ballistic steel defence solutions with full-cycle capabilities including fabrication, forming, welding, and machining. The venture is positioned to support Canadian defence procurements including Light Utility Vehicles, the DAME program, and naval vessels, while creating over 500 manufacturing jobs.GlobeNewswire Inc. · Apr 7, 2026

Algoma Steel Group Inc. to Announce 2025 Fourth Quarter and Full Year Results March 11, 2026Algoma Steel Group Inc. announced it will release its 2025 fourth quarter and full year financial results on March 11, 2026, followed by a webcast and conference call on March 12, 2026. The company continues its transition to electric arc furnace (EAF) steelmaking, which is expected to reduce carbon emissions by approximately 70% once fully transitioned.GlobeNewswire Inc. · Feb 26, 2026

Algoma Steel Group Reports Financial Results for the Third Quarter 2025Algoma Steel reported significant financial challenges in Q3 2025, including a $485.1 million net loss, impacted by U.S. trade tariffs and market headwinds. The company is accelerating its electric arc furnace transformation and secured $500 million in government liquidity support to navigate current market conditions.GlobeNewswire Inc. · Oct 29, 2025

Algoma Steel Group, Inc. Announces Leadership TransitionAlgoma Steel Group announces a planned leadership transition, with CFO Rajat Marwah succeeding Michael Garcia as CEO on January 1, 2026, as part of a comprehensive succession planning process. Michael Moraca will be promoted to CFO, marking a strategic leadership change for the company.GlobeNewswire Inc. · Oct 29, 2025

Algoma Steel Group Inc. Reports Financial Results for the Second Quarter 2025Algoma Steel reported a net loss of $110.6 million in Q2 2025, experiencing significant challenges from tariffs, weak steel market demand, and pricing pressures. The company achieved its first electric arc furnace steel production, marking a key milestone in its green steel transformation strategy.GlobeNewswire Inc. · Jul 29, 2025

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