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Algoma Steel Group Inc. (ASTL) is a non-energy raw materials company in the full-process steel production industry, based in Sault Sainte Marie, Canada, with about 2,400 full-time employees.
It reported revenue of 2.09 billion CAD for fiscal year 2025, down 25.4% from fiscal year 2024, and net income of -984.90 million CAD. Its largest business segment, Steel Sheet and Strip, brought in 73% of segment revenue in fiscal year 2024; UNITED STATES was the largest region with 61%. Its market capitalization was $453.17 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally.
Algoma Steel reported 2.09 billion CAD in revenue for fiscal year 2025, down 25.4% from 2.80 billion CAD in fiscal year 2024.
Steel Sheet and Strip, with 2.04 billion CAD or 73% of segment revenue in fiscal year 2024. Next: Steel Plate (18%) and Freight (7%).
UNITED STATES: 61% of revenue by region in fiscal year 2024, followed by CANADA (38%).
$453.17 million as of October 9, 2026.
Listed companies of a similar size in the same industry (full-process steel production) include Ternium S.a. (TX), Cleveland-Cliffs Inc. (CLF), Companhia Siderúrgica Nacional (SID), Luda Technology Group Limited (LUD).