Algoma Steel Group Says Total Steel Shipments For The Quarter Are Expected To Be ~145,000 Tons And Adjusted EBITDA Is Expected To Be In The Range Of Negative $10M To Negative $20M

Algoma Steel Group Inc. expects total steel shipments for the quarter ended September 30, 2026, to be around 145,000 tons. The company anticipates an Adjusted EBITDA in the range of negative $10 million to negative $20 million, which factors in a capacity utilization adjustment of approximately $50 million to $55 million.