Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Algoma Steel Group Ord Shs T.ASTL

Alternate Symbol(s):  ASTL | T.ASTL.W | ASTLW

Algoma Steel Group Inc. (Algoma) is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. The Company is a key supplier of steel products to customers in North America and is the only producer of discrete plate products in Canada. Its plate products include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip and The Heavies. Its plate products include Hot Rolled Sheet - DSPC, Hot Rolled Sheet - 106'' Mill, AR200, Cold Rolled and Floor Plate. The Company has a raw steel production capacity of an estimated 2.8 million tons per year. Its Direct Strip Production Complex is a thin slab caster coupled with direct hot rolling in North America. In addition, its heat-treated plate facility provides a full range of heat-treated products for abrasion resistant, ballistic and other specialty plate applications.


TSX:ASTL - Post by User

Post by lifeisgood1010on Jan 17, 2023 10:30am
173 Views
Post# 35227784

HR Steel price moving up

HR Steel price moving up
We shall see where this takes us.In the mean time, an England based fund just took a 5.3% stake
in Algoma.This was reported on a 13g report on Edgar dated Jan.12th 2023

Polus Capital Management currently manages approximately $9 billion in assets on behalf of institutional investors across the globe and has a team of over 30 investment professionals. The firm invests flexibly across the capital structure and liquidity spectrum, focusing on three complementary strategies: Leveraged Credit, Special Situations, and Structured Credit. Following the rebrand, Polus’ primary objective will remain to deliver strong risk-adjusted returns to its investors across each of these areas by remaining laser focused on its core competencies of deep fundamental credit analysis, active portfolio management, and robust risk management.
 
SHARED DISPOSITIVE POWER 5,483,119 /103,854,574 ou 5.3%

 

<< Previous
Bullboard Posts
Next >>