Algoma Steel Group Inc. (ASTL) News
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ASTL News Highlights
- ASTL's 30 day story count now stands at 3.
- Over the past 14 days, the trend for ASTL's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- The most mentioned tickers in articles about ASTL are AMP, LI and UL.
Latest ASTL News From Around the Web
Below are the latest news stories about ALGOMA STEEL GROUP INC that investors may wish to consider to help them evaluate ASTL as an investment opportunity.
Algoma Steel expects Q3 total steel shipments to be ~515,000 tonsMore on Algoma Steel Group |
Algoma Steel Group Announces Director RetirementSAULT STE. MARIE, Ontario, Dec. 21, 2023 (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 Andrew Schultz is retiring from the board of directors effective December 31, 2023. Mr. Schultz originally joined the board of Algoma Steel Holdings Inc., a predecessor to the Company, in connection with its acquisition of the assets of Essar Algoma Steel |
Algoma Steel Group Inc.'s (NASDAQ:ASTL) high institutional ownership speaks for itself as stock continues to impress, up 11% over last weekKey Insights Significantly high institutional ownership implies Algoma Steel Group's stock price is sensitive to their... |
Algoma Steel Announces Retirement of Vice President - SalesSAULT STE. MARIE, Ontario, Nov. 23, 2023 (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 its Vice President - Sales, Rory Brandow, has indicated his pending retirement effective December 1st, 2023. The Company has identified Chris Ford, Algoma’s current Director - US Sales and Customer Service, to succeed Rory as Vice President - Commercial. Michae |
Algoma Steel Group Reports Fiscal Second Quarter 2024 Financial ResultsSecond Quarter In line with Previously Announced Expectations Positive Momentum on EAF Power Supply Reiterated Outlook on Transformative EAF Project with $455.7 Million Invested to Date SAULT STE. MARIE, Ontario, Nov. 02, 2023 (GLOBE NEWSWIRE) -- (November 2, 2023) – 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 |
Algoma Steel to Announce Fiscal 2024 Second Quarter Results November 2, 2023SAULT STE. MARIE, Ontario, Oct. 23, 2023 (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 2024 second quarter financial results after the market closes on Thursday, November 2, 2023. A webcast and conference call will be held on Friday, November 3, 2023 at 10:00 a.m. Eastern Time to review the Company’s resul |
Algoma Steel Group (NASDAQ:ASTL) Will Be Hoping To Turn Its Returns On Capital AroundThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two... |
Algoma Steel Announces Extension of Iron Ore Contract with U. S. Steel to Support Transition to Electric Arc SteelmakingSAULT STE. MARIE, Ontario, Oct. 02, 2023 (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 a two-year extension of its existing iron ore purchase contract with United States Steel Corporation (“U. S. Steel”) (NYSE: X), with an option to further extend for a third year solely at Algoma’s discretion. The extended purchase contract is anticipated to cov |
Algoma Steel Provides Fiscal Second Quarter 2024 GuidanceSAULT STE. MARIE, Ontario, Sept. 28, 2023 (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, 2023. Unless otherwise specified, all amounts are in Canadian dollars. Fiscal 2024 second quarter total steel shipments are expected to be in the range of 540,000 to 550,000 tons and Adjusted EBITDA is |
Algoma Steel Announces Results of Voting at Annual Meeting of ShareholdersSAULT STE. MARIE, Ontario, Sept. 26, 2023 (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 26, 2023 (the “Meeting”). All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. |