• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13D filed by Algoma Steel Group Inc.

    7/31/24 4:58:55 PM ET
    $ASTL
    Steel/Iron Ore
    Industrials
    Get the next $ASTL alert in real time by email
    SC 13D 1 d841050dsc13d.htm SC 13D SC 13D

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. __)*

     

     

    Algoma Steel Group Inc.

    (Name of Issuer)

    Common Shares, without par value

    (Title of Class of Securities)

    015658107

    (CUSIP Number)

    Michael P. McNamara

    Executive Vice President

    Zekelman Industries, Inc.

    227 West Monroe Street, Suite 2600

    Chicago, Illinois 60606

    (312) 275-1600

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

    Copies to:

    John Harrington

    Samuel Toth

    BakerHostetler

    127 Public Square, Suite 2000

    Cleveland, Ohio 44114

    (216) 621-0200

    July 25, 2024

    (Date of Event Which Requires Filing of This Statement)

     

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

     

     

    NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

     

     

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    SCHEDULE 13D

     

    CUSIP No.  015658107      

     

     1   

     NAMES OF REPORTING PERSONS

     

     Zekelman Industries, Inc.

     2  

     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     (a) ☐  (b) ☐

     

     3  

     SEC USE ONLY

     

     4  

     SOURCE OF FUNDS (See Instructions)

     

     WC

     5  

     CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)

     

     ☐

     6  

     CITIZENSHIP OR PLACE OF ORGANIZATION

     

     Delaware

    NUMBER OF

    SHARES  BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

     

        7   

     SOLE VOTING POWER

     

     0

        8  

     SHARED VOTING POWER

     

     5,229,988

        9  

     SOLE DISPOSITIVE POWER

     

     0

       10  

     SHARED DISPOSITIVE POWER

     

     5,229,988

    11   

     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

     5,229,988

    12  

     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

     

     ☐

    13  

     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

     5.02% (1)

    14  

     TYPE OF REPORTING PERSON (See Instructions)

     

     CO

     

    (1)

    Based on 104,103,072 common shares outstanding as of March 31, 2024, as reported on the Issuer’s Annual Report on Form 40-F, filed on June 21, 2024.


    CUSIP No.  015658107      

     

     1   

     NAMES OF REPORTING PERSONS

     

     Atlas Tube Canada ULC

     2  

     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     (a) ☐  (b) ☐

     

     3  

     SEC USE ONLY

     

     4  

     SOURCE OF FUNDS (See Instructions)

     

     WC

     5  

     CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)

     

     ☐

     6  

     CITIZENSHIP OR PLACE OF ORGANIZATION

     

     Canada

    NUMBER OF

    SHARES  BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

     

        7   

     SOLE VOTING POWER

     

     0

        8  

     SHARED VOTING POWER

     

     5,229,988

        9  

     SOLE DISPOSITIVE POWER

     

     0

       10  

     SHARED DISPOSITIVE POWER

     

     5,229,988

    11   

     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

     5,229,988

    12  

     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

     

     ☐

    13  

     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

     5.02% (1)

    14  

     TYPE OF REPORTING PERSON (See Instructions)

     

     OO

     

    (1)

    Based on 104,103,072 common shares outstanding as of March 31, 2024, as reported on the Issuer’s Annual Report on Form 40-F, filed on June 21, 2024.


    CUSIP No.  015658107      

     

    EXPLANATORY NOTE

    Item 1. Security and Issuer.

    This Schedule 13D relates to Common Shares, without par value, of Algoma Steel Group Inc., a British Columbia corporation (the “Issuer”), whose principal executive office is located at 105 West Street Sault Ste. Marie, Ontario P6A 7B4, Canada.

    Item 2. Identity and Background.

     

      (a)

    This Schedule 13D is being jointly filed by: (i) Zekelman Industries, Inc., a Delaware corporation (“Zekelman Industries”); and (ii) Atlas Tube Canada ULC, an Alberta unlimited liability corporation (“Atlas Tube”, and together with Zekelman, the “Reporting Persons”). The executive officers and directors of each Reporting Person are set forth on Schedule A and incorporated herein by reference.

     

      (b)

    The principal business address of: (i) Zekelman Industries is 227 West Monroe Street, Suite 2600, Chicago, Illinois 60606; (ii) Atlas Tube is 200 Clark St, Harrow, Ontario N0R 1G0, Canada; and (iii) each other person identified in Item 2(a) is set forth on Schedule A.

     

      (c)

    The Reporting Persons are a North American manufacturer of industrial steel pipe and tube products. Atlas Tube is an indirect operating subsidiary of Zekelman Industries. Each of the other persons identified in Item 2(a) are employed by and/or serve as a director of the Reporting Person(s) and their primary occupation is the position at the Reporting Person(s) as set forth on Schedule A, unless otherwise indicated thereon.

     

      (d)-(e)

    During the last five years, neither the Reporting Persons nor, to the knowledge of the Reporting Persons, any of the other persons identified in Item 2(a) have been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

     

      (f)

    The citizenship of each natural person identified in Item 2(a) is set forth on Schedule A.

    Item 3. Source and Amount of Funds or Other Considerations.

    The information set forth in Items 4 and 5 hereof is hereby incorporated by reference into this Item 3, as applicable. All Common Shares of the Issuer beneficially owned by the Reporting Persons were acquired with the working capital of the Reporting Persons in open market purchases. The aggregate purchase price of all the Common Shares beneficially owned by the Reporting Persons was approximately $42,075,380, excluding brokerage commissions.

    Item 4. Purpose of Transaction.

    The Reporting Persons are customers of the Issuer and acquired the Common Shares for investment purposes. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, the availability of Common Shares at prices that would make the purchase or sale of the Common Shares desirable, and the Reporting Persons’ business relationship with the Issuer, the Reporting Persons may endeavor to increase or decrease their position in the Issuer through, among other things, the purchase or sale of Common Shares on the open market or in private transactions or otherwise, on such terms and at such times as the Reporting Persons may deem advisable.

    Neither the Reporting Persons nor, to the knowledge of the Reporting Persons, any of the other persons identified in Item 2(a) have any current plans or proposals which would relate to or result in any of the matters set forth in subparagraphs (a) – (j) of Item 4 of Schedule 13D except as set forth herein or such as would occur upon or in


    connection with completion of, or following, any of the actions discussed herein. The Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors including, without limitation, the Issuer’s financial position and investment strategy, the price levels of the Common Shares, conditions in the securities markets and general economic and industry conditions, and the Reporting’s business relationship with the Issuer, the Reporting Persons may in the future take such actions with respect to their investment in the Issuer as it deems appropriate including, without limitation, engaging in communications with management and the Board of Directors of the Issuer, engaging in discussions with stockholders of the Issuer or other third parties about the Issuer and the Reporting Persons’ investment, including potential business combinations, dispositions or other transactions involving the Issuer or certain of its businesses, making recommendations or proposals to the Issuer concerning changes to the capitalization, ownership structure, board structure (including board composition), or suggestions for improving the Issuer’s financial and/or operational performance, purchasing additional Common Shares, selling some or all of their Common Shares, engaging in short selling of or any hedging or similar transaction with respect to the Common Shares, including swaps and other derivative instruments, or changing their intention with respect to any and all matters referred to in Item 4.

    Item 5. Interest in Securities of the Issuer.

     

    (a) – (b)

    The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Schedule 13D (including the footnotes thereto) is incorporated herein by reference.

    This Schedule 13D relates to the Common Shares held directly by Atlas Tube, which is an indirect operating subsidiary of Zekelman Industries. Because Zekelman Industries indirectly owns all the voting equity of Atlas Tube, Zekelman Industries may be deemed to beneficially own all such Common Shares held directly by Atlas Tube.

    None of the natural persons identified in Item 2(a) beneficially own any Common Shares of the Issuer, except as otherwise indicated on Schedule A, which is incorporated herein by reference.

     

    (c)

    The transactions in securities of the Issuer by the Reporting Persons during the past sixty days are set forth in Schedule B and are incorporated herein by reference. Each such transaction was effected directly by Atlas Tube.

     

    (d)

    No person other than the Reporting Persons, or the shareholders or affiliates of the Reporting Persons, is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of the Common Shares of the Issuer beneficially owned by the Reporting Persons.

     

    (e)

    Not applicable.

    Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

    Each Reporting Person is a party to that certain Joint Filing Agreement, which is attached hereto as Exhibit 1 and incorporated herein by reference. Except for the Joint Filing Agreement, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons identified in Item 2 or between such persons and any other person, with respect to any securities of Issuer.

    Item 7. Material to Be Filed as Exhibits.

     

    Exhibit No.   

    Name

    1.    Joint Filing Agreement, dated July 31, 2024, by and between the Reporting Persons.


    SIGNATURES

    After reasonable inquiry and to the best of my knowledge and belief, such person certifies that the information set forth in this statement is true, complete and correct.

    Dated: July 31, 2024

     

    ZEKELMAN INDUSTRIES, INC.
    By:  

    /s/ Michael Graham

    Name:   Michael Graham
    Title:   Chief Financial Officer
    ATLAS TUBE CANADA ULC
    By:  

    /s/ Michael Graham

    Name:   Michael Graham
    Title:   Vice President & Treasurer


    Schedule A

    Executive Officers and Directors of Zekelman Industries

     

    Name

      

    Position

      

    Principal Business Address

      

    Citizenship

    Barry Zekelman   

    Director

    Executive Chairman and Chief Executive Officer

       227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    Canada
    Tom Muth    Executive Vice President and Chief Operating Officer    227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States
    Michael McNamara    President of Z Modular and Executive Vice President of Zekelman Industries    227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States
    Michael Graham    Chief Financial Officer    227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States
    Michael E. Mechley    Executive Vice President of Strategic Procurement    227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States
    Alan Zekelman    Director    227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    Canada
    Clayton Zekelman(1)    Director   

    3363 Tecumseh Rd E

    Windsor ON N8W 1H4 Canada

       Canada
    Edward Siegel    Director    227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States
    Armand Lauzon, Jr.(2)    Director    227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States
    James Hoffman    Director    35002 N Desert Ridge Dr. Scottsdale, AZ 85262    United States

     

    (1)

    Clayton Zekelman’s principal occupation is President of MNSi Telecom.

    (2)

    Armand Lauzon, Jr., and his wife beneficially own 120,500 Common Shares of the Issuer, which were acquired for general investment purposes with personal funds in open market transactions. Mr. Lauzon, Jr., also serves on the board of directors or as an advisor for various other companies.

    Executive Officers and Directors of Atlas Tube

     

    Name

      

    Position

      

    Principal Business Address

      

    Citizenship

    Barry Zekelman   

    Director

    President and Chief Executive Officer

       227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    Canada
    Michael Graham   

    Director

    Vice President and Treasurer

       227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States
    Michael McNamara   

    Director

    Vice President and Secretary

       227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States
    Angela Miu    Assistant Secretary    227 West Monroe Street, Suite 2600, Chicago, Illinois 60606    United States


    Schedule B

    Transactions in Securities of the Issuer During the Past Sixty Days

     

    Nature of

    Transaction (1)

       Date    Number of
    Common Shares
         Price Per
    Common Share (2)
        Currency

    Buy

       July 17, 2024      30,068      $  8.5738  (3)    USD

    Buy

       July 17, 2024      47,305      $  11.7794  (4)    CAD

    Buy

       July 19, 2024      66,589      $  8.7400  (5)    USD

    Buy

       July 19, 2024      36,182      $  11.9462  (6)    CAD

    Buy

       July 22, 2024      9,152      $  8.6639  (7)    USD

    Buy

       July 23, 2024      80,948      $  8.8287  (8)    USD

    Buy

       July 24, 2024      118,803      $  8.6996  (9)    USD

    Buy

       July 25, 2024      110,248      $  8.6933  (10)    USD

    Buy

       July 25, 2024      705      $  12.1398  (11)    CAD

     

    (1)

    The transactions in U.S. dollars (“USD”) were open market transactions effected on the Nasdaq Stock Market. The transactions in Canadian dollars (“CAD”) were open market transactions effected on the Toronto Stock Exchange or other Canadian exchanges.

    (2)

    Each price reported in this column is a weighted average price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in the footnotes below.

    (3)

    These shares were purchased in multiple transactions at prices ranging from $8.465 to $8.60, inclusive.

    (4)

    These shares were purchased in multiple transactions at prices ranging from $11.5431 (CAD) to $11.815 (CAD), inclusive.

    (5)

    These shares were purchased in multiple transactions at prices ranging from $8.49 to $8.75, inclusive.

    (6)

    These shares were purchased in multiple transactions at prices ranging from $11.72 (CAD) to $12.00 (CAD), inclusive.

    (7)

    These shares were purchased in multiple transactions at prices ranging from $8.52 to $8.70, inclusive.

    (8)

    These shares were purchased in multiple transactions at prices ranging from $8.75 to $8.88, inclusive.

    (9)

    These shares were purchased in multiple transactions at prices ranging from $8.58 to $8.83, inclusive.

    (10)

    These shares were purchased in multiple transactions at prices ranging from $8.4978 to $8.795, inclusive.

    (11)

    These shares were purchased in multiple transactions at prices ranging from $12.135 (CAD) to $12.1426 (CAD), inclusive.

    Get the next $ASTL alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ASTL

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

    $ASTL
    Leadership Updates

    Live Leadership Updates

    See more
    • Algoma Steel Announces Results of Voting at Annual Meeting of Shareholders

      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"). 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 Bueschkens62,437,35077,69862,515,048Sean Donnelly62,484,96030,08862,

      9/24/24 5:30:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Appoints Erin Oliver as Vice President - Health and Safety

      SAULT STE. MARIE, June 11, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma"), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that it has appointed Erin Oliver in a newly created role of Vice President - Health and Safety. Erin will report to CEO Mike Garcia and sit on the Company's senior leadership team. Originally from Sault Ste. Marie, Erin is a seasoned Health and Safety professional with over 25 years of experience and a proven track record in enhancing safety culture across sectors including construction, health care, forestry and manufacturing. During her tenure at a Canada-wide mechanical and e

      6/11/24 4:00:00 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • Algoma Steel Announces Retirement of Vice President - Sales

      SAULT 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. Michael Garcia, the Company's Chief Executive Officer, remarked, "Over an extensive career with Algoma, Rory has personified our core values of safety, teamwork, integrity and caring. He has been a strong

      11/23/23 4:20:21 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials

    $ASTL
    Financials

    Live finance-specific insights

    See more
    • 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

    $ASTL
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Algoma Steel Group Inc.

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

      11/5/24 1:00:44 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form SC 13D filed by Algoma Steel Group Inc.

      SC 13D - Algoma Steel Group Inc. (0001860805) (Subject)

      10/25/24 7:59:47 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials
    • SEC Form SC 13G filed by Algoma Steel Group Inc.

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

      10/25/24 3:06:45 PM ET
      $ASTL
      Steel/Iron Ore
      Industrials

    $ASTL
    SEC Filings

    See more
    • 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

    $ASTL
    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

    $ASTL
    Press Releases

    Fastest customizable press release news feed in the world

    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 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