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Algoma Steel Group Inc. Stock Price

NasdaqGM:ASTL Community·US$381.5m Market Cap
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ASTL Share Price Performance

US$3.62
-3.08 (-45.97%)
US$3.62
-3.08 (-45.97%)
Price US$3.62

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Snowflake Analysis

Good value with reasonable growth potential.

1 Risk
2 Rewards

Algoma Steel Group Inc. Key Details

CA$1.9b

Revenue

CA$2.5b

Cost of Revenue

-CA$648.5m

Gross Profit

CA$471.3m

Other Expenses

-CA$1.1b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
-10.63
-34.76%
-60.03%
272.0%
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About ASTL

Founded
1901
Employees
2400
CEO
Rajat Marwah
WebsiteView website
algoma.com

Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. The company offers 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 tube product manufacturers, and the light manufacturing and transportation industries; and plate steel products consisting of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, armored products for military applications, diameter pipelines, and wind energy generation equipment. It also provides by-products, such as furnace and buckwheat coke, braize coke, and flue dust; high sulpur beach and kish iron, BOF pit grissly and scrap, BOF and pellet fines, and mill roll scale; light oil and coal tar; granulated and air cooled slag; and machine shop turnings, used mill rolls, recycled oil, non-ferrous metal, and lime fines. The company was founded in 1901 and is headquartered in Sault Sainte Marie, Canada.

Recent ASTL News & Updates

Seeking Alpha Jul 08

Algoma Steel: High Costs Continuing To Disinterest Investors

Summary Algoma Steel Group Inc. remains rated 'sell' due to persistent bearish top-line revisions, negative profitability, and rising debt. ASTL's transition to electric arc furnace (EAF) technology aims to improve cost structure, but scale is urgently needed to restore profitability. Strategic defense collaborations, including with Roshel Inc. and Hanwha Ocean, may bolster Canadian relevance but hinge on contract execution and volume growth. Despite the potential for higher realized pricing, ASTL's low shipment volumes and high fixed costs threaten cash flow and raise dilution or asset sale risks. Read the full article on Seeking Alpha

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