Algoma Steel's fourth quarter loss widens to $364.7M from $66.5M last year

A worker is shown at Algoma Steel in Sault Ste. Marie, Ontario on Friday, April 25, 2025. THE CANADIAN PRESS/Sean Kilpatrick

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SAULT STE. MARIE - Algoma Steel Group Inc. reported a net loss of $364.7 million in the fourth quarter compared with a net loss of $66.5 million during the same period a year earlier.   

That amounted to a net loss per common share of $3.36 compared with a net loss of 61 cents in the prior year quarter. 

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