Market Segment
May 1, 2025
Algoma swings to loss on 'market challenges' and 'tariff uncertainties'
Written by Ethan Bernard
Algoma Steel Inc.
| First quarter ended March 31 | 2025 | 2024 | % Change |
|---|---|---|---|
| Net sales | $517.1 | $620.6 | -16.7% |
| Net earnings (loss) | $(24.5) | $28.0 | -187.5% |
| Per diluted share | $(0.48) $ | $0.10 | -580% |

