Third Quarter Results In Line with Previously Announced Expectations Advances EAF Ramp-Up and Strengthens Liquidity with $500 Million in Government Support SAULT STE. MARIE, Ontario, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today reported financial results for the three and nine months ended September 30, 2025, reflecting ongoing trade-related headwinds a ...

CFO Rajat Marwah to Succeed Michael Garcia as CEO Effective January 1, 2026 as Part of Planned Succession and Leadership Transition Michael Moraca Promoted to CFO Position Effective January 1, 2026 SAULT STE. MARIE, ONTARIO, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced a planned leadership transition as part of its ongoing succession planning proces ...

文章核心观点 - 公司新的电弧炉项目一号机组首次实现钢铁生产，标志着公司转型的关键里程碑，有望减少高达70%的碳排放 [1][2] 公司进展 - 公司新的电弧炉项目一号机组首次实现钢铁生产，此前经过超十天的成功电弧测试和调试 [1] - 公司总裁兼首席执行官表示这是加拿大最大的工业脱碳项目的关键里程碑，体现多年规划和努力 [3] 产品与环保 - 公司通过电弧炉生产的所有钢材将采用Volta名称，性能不变但排放大幅降低，预计减少高达70%的碳足迹 [4] 公司概况 - 公司位于加拿大安大略省萨德伯里，是冷热轧钢产品的综合生产商，为北美多个行业提供产品，是加拿大唯一的离散中厚板产品生产商 [6] - 公司正在进行转型，现代化改造中厚板轧机并采用电弧技术，降低碳排放，致力于成为北美领先的绿色钢铁生产商 [7] - 公司作为当地的奠基性产业，利用丰富的炼钢传统提供更具价值的产品，为北美提供安全的钢铁供应和可持续未来 [8]