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Algoma SteelNASDAQ: ASTL

Profile

Industry:

Steel & Iron

Country:

Canada

IPO:

04 March 2021

Next earnings report:

06 February 2025

Last dividends:

23 August 2024

Next dividends:

27 November 2024
$1.17 B
-34%vs. 3y high
53%vs. sector
-vs. 3y high
-vs. sector
-58%vs. 3y high
37%vs. sector
-8%vs. 3y high
24%vs. sector

Price

after hours | Wed, 20 Nov 2024 21:25:34 GMT
$11.25-$0.12(-1.06%)
$439.89 M$596.50 M
$439.89 M-$78.12 M

Analysts recommendations

Institutional Ownership

ASTL Latest News

Algoma Steel Group Inc. (ASTL) Q2 2025 Earnings Call Transcript
seekingalpha.com09 November 2024 Sentiment: NEUTRAL

Algoma Steel Group Inc. (NASDAQ:ASTL ) Q2 2025 Results Conference Call November 7, 2024 11:00 AM ET Company Participants Mike Moraca - Vice President, Corporate Development and Treasurer Michael Garcia - Chief Executive Officer Rajat Marwah - Chief Financial Officer Conference Call Participants Katja Jancic - BMO Capital Markets David Ocampo - Cormark Securities Ian Gillies - Stifel Operator Greetings, and welcome to the Algoma Steel Group Inc. Second Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.

Algoma Steel Group Reports Fiscal Second Quarter 2025 Financial Results
globenewswire.com06 November 2024 Sentiment: POSITIVE

Second Quarter Results In-Line with Previously Announced Expectations Transformative Electric Arc Furnace (EAF) Commissioning Activities Expected to Start on Schedule During the Fourth Quarter of Calendar 2024; Substantially all of Expected Project Budget Now Fully Contracted Change in Fiscal Year end from March 31 to December 31, beginning December 31, 2024 SAULT STE. MARIE, Ontario, Nov. 06, 2024 (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 results for its fiscal second quarter ended September 30, 2024.

Algoma Steel to Announce Fiscal 2025 Second Quarter Results November 6, 2024
globenewswire.com29 October 2024 Sentiment: POSITIVE

SAULT STE. MARIE, Ontario, Oct. 29, 2024 (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, announced today that the Company will release its fiscal 2025 second quarter financial results after the market closes on Wednesday, November 6, 2024. A webcast and conference call will be held on Thursday, November 7, 2024 at 11:00 a.m. Eastern Time to review the Company's results, discuss recent events, and conduct a question-and-answer session.

Algoma Steel Provides Fiscal Second Quarter 2025 Guidance
globenewswire.com26 September 2024 Sentiment: POSITIVE

SAULT STE. MARIE, Ontario, Sept. 26, 2024 (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 provided guidance for its fiscal second quarter ending September 30, 2024. Unless otherwise specified, all amounts are in Canadian dollars.

Algoma Steel Announces Results of Voting at Annual Meeting of Shareholders
globenewswire.com24 September 2024 Sentiment: POSITIVE

SAULT STE. MARIE, Ontario, Sept. 24, 2024 (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, announced today the results of voting at its virtual annual meeting of shareholders held on September 24, 2024 (the “Meeting”).

Algoma Steel Group to Participate in the Jefferies 2024 Industrials Conference
globenewswire.com03 September 2024 Sentiment: POSITIVE

SAULT STE. MARIE, Ontario, Sept. 03, 2024 (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 the Company will be participating in the Jefferies 2024 Industrials Conference on Wednesday, September 4 and Thursday, September 5, 2024. Prior to Algoma's attendance at this conference, the Company will post a copy of the presentation it will use in the Investors section of its website on ir.algoma.com.

Algoma Steel Group Announces Renewal of Normal Course Issuer Bid
globenewswire.com29 August 2024 Sentiment: POSITIVE

SAULT STE. MARIE, Ontario, Aug. 29, 2024 (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, announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company's intention to renew its normal course issuer bid (“NCIB”) for a portion of its common shares (“Shares”) and a portion of its warrants (“Warrants”) to purchase shares as appropriate opportunities arise from time to time. The Company believes that the market price of the Shares and Warrants may not, from time to time, fully reflect their value and accordingly the purchase of Shares and Warrants would be in the best interests of the Company and an attractive use of available funds."

Algoma Steel Applauds Approval of New 230kV Transmission Line in Sault Ste. Marie, Supporting Regional Growth and Green Steel Transition
globenewswire.com28 August 2024 Sentiment: POSITIVE

SAULT STE. MARIE, Ontario, Aug. 28, 2024 (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 congratulates PUC (Transmission) LP (“PUC Transmission”) and Hydro One Sault Ste. Marie LP (“Hydro One”) on each obtaining authorization pursuant to the Ontario Energy Board Act to construct a new 230kV transmission line and related transformation components in Sault Ste. Marie. The combined local transmission project improves the city's access to Hydro One's planned regional grid infrastructure upgrade as previously prioritized by the Province of Ontario.

Algoma Steel Group Inc (ASTL) Q1 2025 Earnings Call Transcript
seekingalpha.com14 August 2024 Sentiment: NEUTRAL

Algoma Steel Group Inc (NASDAQ:ASTL ) Q1 2025 Results Conference Call August 14, 2024 11:00 AM ET Company Participants Michael Moraca - Treasurer & Investor Relations Officer Michael Garcia - CEO & Director Rajat Marwah - Chief Financial Officer Conference Call Participants David Ocampo - Cormark Securities Katja Jancic - BMO Capital Markets Ian Gillies - Stifel Operator Greetings, and welcome to the Algoma Steel Group Fiscal First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Algoma Steel Group Reports Fiscal First Quarter 2025 Financial Results
globenewswire.com13 August 2024 Sentiment: POSITIVE

First Quarter Results In-Line with Previously Announced Outlook Completed Plate Mill Upgrade, Ramping Production Towards Expected Annual Run Rate Capacity of Over 650,000 NT Continued to Significantly De-risk Transformative Electric Arc Furnace Project as Construction Continues on Schedule Announces Intention to Relaunch Normal Course Issuer Bid SAULT STE. MARIE, Ontario, Aug. 13, 2024 (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 results for its fiscal first quarter ended June 30, 2024.

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What type of business is Algoma Steel?

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications, as well as energy and mining applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.

What sector is Algoma Steel in?

Algoma Steel is in the Basic Materials sector

What industry is Algoma Steel in?

Algoma Steel is in the Steel & Iron industry

What country is Algoma Steel from?

Algoma Steel is headquartered in Canada

When did Algoma Steel go public?

Algoma Steel initial public offering (IPO) was on 04 March 2021

What is Algoma Steel website?

https://algoma.com

Is Algoma Steel in the S&P 500?

No, Algoma Steel is not included in the S&P 500 index

Is Algoma Steel in the NASDAQ 100?

No, Algoma Steel is not included in the NASDAQ 100 index

Is Algoma Steel in the Dow Jones?

No, Algoma Steel is not included in the Dow Jones index

When was Algoma Steel the previous earnings report?

No data

When does Algoma Steel earnings report?

The next expected earnings date for Algoma Steel is 06 February 2025