NasdaqGM:ASTLMetals and Mining
Assessing Algoma Steel Group (NasdaqGM:ASTL) Valuation After Hanwha Ocean Defense Agreement Spurs Fresh Interest
Why Algoma Steel Group (ASTL) Is Back On Investors’ Radar
Algoma Steel Group (NasdaqGM:ASTL) is in focus after signing a binding memorandum of understanding with Hanwha Ocean related to Canada’s Patrol Submarine Project. The agreement outlines a potential US$250 million package of mill investment and steel purchases.
See our latest analysis for Algoma Steel Group.
The Hanwha Ocean agreement comes at a time when Algoma Steel Group’s share price has shown short-term momentum, with a 7-day share...