06:00 PM EST, 01/02/2025 (MT Newswires) -- Algoma Steel Group ( ASTL ) expects Q4 total steel shipments of 545,000 tons to 550,000 tons.

Adjusted EBITDA in the quarter ended Dec. 31 was projected at a loss of 55 million Canadian dollars ($38.2 million) to CA$65 million, the company said Thursday in a statement.

Shares of the company fell 2.7% in recent after-hours activity.

Price: 9.44, Change: -0.26, Percent Change: -2.68