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Algoma Steel Group Ord Shs T.ASTL

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

Steel Steel Materials
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

Algoma Steel Group Ord Shs > Current Quarter Guidance
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Comment by Stocker46on Oct 11, 2022 1:26pm
226 Views
Post# 35017584

RE:RE:RE:Current Quarter Guidance

RE:RE:RE:Current Quarter GuidanceAlgoma's had a couple of very good days .. even when the rest of the market is down.

I suspect, however, it will take another major hit when official numbers come out for the quarter .. & investors realize just how bad it was.

Will be interesting to see Stelco's financials. They didn't experience the same problems that Algoma used as an excuse for their dismal performance. Let's see if they meet the earnings consensus.





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