Algoma Steel Reports Challenging Q1 with Key Projects On Track
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Algoma Steel Reports Challenging Q1 with Key Projects On Track

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Algoma Steel Group (TSE:ASTL) has released an update.

Algoma Steel Group has reported its fiscal first quarter 2025 results with a revenue drop and net income decline compared to last year, amidst challenging steel pricing and economic conditions. The company has completed a key phase in its Plate Mill Modernization and is advancing its Electric Arc Furnace project, with production expected by year-end.

For further insights into TSE:ASTL stock, check out TipRanks’ Stock Analysis page.

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