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    Algoma Steel Group Inc.

    Subscribe to $ASTL
    $ASTL
    Steel/Iron Ore
    Industrials

    Algoma Steel Group Inc. produces and sells steel products in Canada and the United States. It provides hot and cold rolled steel plate products for construction, mining, manufacturing, energy, shipbuilding, and military applications; and hot and cold rolled sheet steels in carbon and HSLA grades for use in manufacturing applications of automotive industry. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.

    IPO Year:

    Exchange: NASDAQ

    Website: algoma.com

    Recent Analyst Ratings for Algoma Steel Group Inc.

    DatePrice TargetRatingAnalyst
    1/18/2023Hold → Buy
    Stifel
    6/30/2022Hold
    Stifel
    12/7/2021Outperform
    BMO Capital Markets
    See more ratings

    Algoma Steel Group Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Algoma Steel Group upgraded by Stifel

      Stifel upgraded Algoma Steel Group from Hold to Buy

      1/18/23 8:51:06 AM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Stifel initiated coverage on Algoma Steel Group

      Stifel initiated coverage of Algoma Steel Group with a rating of Hold

      6/30/22 9:21:19 AM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • BMO Capital Markets initiated coverage on Algoma Steel Group

      BMO Capital Markets initiated coverage of Algoma Steel Group with a rating of Outperform

      12/7/21 7:20:15 AM ET
      $ASTL
      Steel/Iron Ore
      Industrials

    Algoma Steel Group Inc. SEC Filings

    See more
    • SEC Form 6-K filed by Algoma Steel Group Inc.

      6-K - Algoma Steel Group Inc. (0001860805) (Filer)

      6/24/25 7:55:33 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form 6-K filed by Algoma Steel Group Inc.

      6-K - Algoma Steel Group Inc. (0001860805) (Filer)

      5/21/25 10:53:50 AM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Amendment: SEC Form SCHEDULE 13G/A filed by Algoma Steel Group Inc.

      SCHEDULE 13G/A - Algoma Steel Group Inc. (0001860805) (Subject)

      5/15/25 4:47:05 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form SCHEDULE 13G filed by Algoma Steel Group Inc.

      SCHEDULE 13G - Algoma Steel Group Inc. (0001860805) (Subject)

      5/13/25 2:02:20 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Amendment: SEC Form SCHEDULE 13D/A filed by Algoma Steel Group Inc.

      SCHEDULE 13D/A - Algoma Steel Group Inc. (0001860805) (Subject)

      5/5/25 7:07:36 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form 6-K filed by Algoma Steel Group Inc.

      6-K - Algoma Steel Group Inc. (0001860805) (Filer)

      4/29/25 9:15:44 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form 6-K filed by Algoma Steel Group Inc.

      6-K - Algoma Steel Group Inc. (0001860805) (Filer)

      4/22/25 6:47:41 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form 6-K filed by Algoma Steel Group Inc.

      6-K - Algoma Steel Group Inc. (0001860805) (Filer)

      4/10/25 1:30:20 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form 6-K filed by Algoma Steel Group Inc.

      6-K - Algoma Steel Group Inc. (0001860805) (Filer)

      2/24/25 10:34:31 AM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form SCHEDULE 13G filed by Algoma Steel Group Inc.

      SCHEDULE 13G - Algoma Steel Group Inc. (0001860805) (Subject)

      2/13/25 2:13:12 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials

    Algoma Steel Group Inc. Press Releases

    Fastest customizable press release news feed in the world

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    • Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders

      SAULT STE. MARIE, Ontario, June 24, 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, announced today the results of voting at its annual meeting of shareholders (the "Meeting") held on June 24, 2025. All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting as set out below: NomineeVotes ForVotes WithheldTotal VotesMary Anne Bueschkens63,288,0461,619,73664,907,782Sean Donnelly63,618,6501,289,13264,907,782M

      6/24/25 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Releases 2024 Sustainability Report

      SAULT STE. MARIE, Ontario, June 04, 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 the release of its 2024 Sustainability Report (the "Report"), covering a nine-month transition period from April 1 to December 31, 2024. The reporting period aligns with our 2024 financial reporting period, which now corresponds to a calendar year to reflect a consistent approach to our industry peer reporting. Michael Garcia, Algoma's Chief Executive Officer, commented, "At Algoma, sustainability is not a trend—it's a strategic priority. As we are nearing

      6/4/25 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Group Reports Financial Results for the First Quarter 2025

      Consolidated Revenue of $517.1 Million Shipments of 470K Tons, with an 11% Quarter over Quarter increase in Plate Product Shipments, at 91K Tons Net Loss of $24.5 Million and Adjusted EBITDA Loss of $46.7 Million, Including a $50 Million Insurance Proceeds Receivable First Steel Production from Transformative Electric Arc Furnace ("EAF") Expected During Q2 2025 With no Material Change in Both Total Project Cost and 2025 EAF Production Expectations SAULT STE. MARIE, Ontario, April 29, 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 anno

      4/29/25 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel to Announce 2025 First Quarter Results April 29, 2025

      SAULT STE. MARIE, Ontario, April 22, 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, announced today that the Company will release its 2025 first quarter financial results after the market closes on Tuesday, April 29, 2025. A webcast and conference call will be held on Wednesday, April 30, 2025 at 11:00 a.m. Eastern Time to review the Company's results, discuss recent events, and conduct a question-and-answer session. The live webcast and archived replay of the conference call can be accessed on the Investors section of the Company's website at ir.algoma

      4/22/25 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Group Reports Financial Results for the Three and Nine Months Ended December 31, 2024

      Calendar Fourth Quarter Results In-Line with Previously Announced Expectations Reaffirmed Outlook on Transformative Electric Arc Furnace (EAF) Project, Including First Arc in April SAULT STE. MARIE, Ontario, March 12, 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 results for the three and nine month periods ended December 31, 2024. As previously reported, the Company has changed its fiscal year end from March 31 to December 31, resulting in a transitional nine month fiscal reporting period ending December 31, 2024. Unless

      3/12/25 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel to Announce Results for the Three and Nine Months Ended December 31, 2024 on March 12, 2025

      SAULT STE. MARIE, Ontario, Feb. 27, 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, announced today that the Company will release its financial results for the three and nine months ended December 31, 2024 after the market closes on Wednesday, March 12, 2025. As previously reported, the Company has changed its fiscal year end from March 31 to December 31, resulting in a nine month fiscal reporting period ending December 31, 2024. A webcast and conference call will be held on Thursday, March 13, 2025 at 11:00 a.m. Eastern Time to review the Company's resul

      2/27/25 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Group to Participate in the BMO 34th Global Metals, Mining & Critical Minerals Conference

      SAULT STE. MARIE, Ontario, Feb. 24, 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 the Company is participating in the BMO 34th Global Metals, Mining & Critical Minerals Conference on Monday, February 24, 2025 to Wednesday, February 26, 2025 in Hollywood, Florida. Prior to Algoma's attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors section of its website at ir.algoma.com. Cautionary Statement Regarding Forward-Looking Statements This news release contains "forward-look

      2/24/25 7:30:00 AM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Provides Guidance for the Quarter Ended December 31, 2024

      SAULT STE. MARIE, Ontario, Jan. 02, 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 provided guidance for its quarter ended December 31, 2024. Unless otherwise specified, all amounts are in Canadian dollars. Total steel shipments for the quarter are expected to be in the range of 545,000 to 550,000 tons and Adjusted EBITDA is expected to be in the range of ($55) million to ($65) million. Michael Garcia, Chief Executive Officer of Algoma, commented, "Despite market headwinds, our results for the quarter demonstrated solid operational execution, par

      1/2/25 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Group to Participate in the Inaugural B. Riley Securities Energy Convergence Conference

      SAULT STE. MARIE, Ontario, Dec. 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 B. Riley Securities Energy Convergence Conference on Wednesday, December 4, 2024, at the Hotel Eventi in New York. 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. Cautionary Statement Regarding Forward-Looking Statements This news release contains "forward-looking information"

      12/3/24 5:41:59 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Group Reports Fiscal Second Quarter 2025 Financial Results

      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. Unless otherwise specified, all

      11/6/24 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials