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Bullboard - Stock Discussion Forum 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... see more

TSX:ASTL - Post Discussion

Algoma Steel Group Ord Shs > More Price Increases
View:
Post by Stocker46 on Mar 07, 2023 12:40pm

More Price Increases

Nucore & Mittal (incl. Dofasco) just raised prices again in the last couple of days.
Algoma & Stelco will no doubt follow.
Comment by lifeisgood1010 on Mar 08, 2023 7:34am
Many thanks for the info.
Comment by Stocker46 on Mar 11, 2023 7:08pm
Never thought I'd be buying back in to Algoma & Stelco at these prices ... but Friday provided a little discount. Higher steel futures are one thing, but when steel companies start increasing their published prices & commenting on order books being filled out quickly, far before normal lead times ... then you know something good is happening. Hoping there 's just a time lag ...more