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Algoma Steel Announces First Arc and First Steel Production from its New Electric Arc Furnace Unit One

Provided By GlobeNewswire

Last update: Jul 10, 2025

SAULT STE. MARIE, Ontario, July 10, 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 announced that it has achieved its first steel production at Unit One of its new, state-of-the-art electric arc furnace (“EAF”) project. The milestone follows over ten days of successful electric arc testing and tuning, including individual and tandem tests of all nine Q-One transformer modules.

Read more at globenewswire.com

ALGOMA STEEL GROUP INC

NASDAQ:ASTL (8/15/2025, 8:05:58 PM)

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ALGOMA STEEL GROUP INC -CW26

NASDAQ:ASTLW (8/15/2025, 8:05:58 PM)

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