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Algoma Steel Group Ord Shs T.ASTL

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

Materials
Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. Its plate products include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip and The Heavies. Its sheet 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 > Nice Move Yesterday
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Post by Stocker46on Aug 25, 2022 10:32am
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Post# 34919681

Nice Move Yesterday

Nice Move Yesterday... after the announcement of a tentative agreement.
Even Stelco"s CEO (after the doom & gloom 2nd Q news release) is changing his tune now that the union has signed a 5 yr contract.
Now he says prices are stabilizing & the market is showing signs of picking up.

With a new contract & some good news recently regarding inflation, the future is looking bright for Algoma Steel. (IMO).



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