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Algoma Steel forecasts a Q3 2025 loss due to weak demand, lower shipments, and pricing pressure.
Algoma Steel has projected a loss for the third quarter of 2025, citing lower steel shipments and ongoing market challenges.
The company attributed the expected financial shortfall to weak demand and continued pressure on pricing, though it did not provide specific financial figures.
The outlook reflects broader struggles in the North American steel industry amid shifting economic conditions and reduced construction and manufacturing activity.
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Algoma Steel pronostica una pérdida en el tercer trimestre de 2025 debido a la debilidad de la demanda, la disminución de los envíos y la presión de los precios.