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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSX:ASTL)

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Post by ztransforms173on Dec 21, 2024 1:21pm

7 Algoma Steel OFFICERS EXERCISE ASTL PSUs & RSUs @ $ 14.45

- SIX (6) out of the SEVEN (7) Algoma Steel Group SENIOR EXECUTIVES OWN ASTL COMMON SHARES for the FIRST TIME INCLUDING the CEO AFTER EXERCISING the PSUs and RSUs RIGHTS into ASTL COMMON ...more  
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Post by 1condoron Dec 19, 2024 6:34pm

Very weak steel prices continue....

The message coming out of U.S. steel makers is not very encouraging. Very weak demand and lower prices are expected to significantly hurt their bottom line. Algoma Steel of course will not be spared ...more  
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Comment by 1condoron Nov 26, 2024 12:10pm

RE:RE:RE:A TRUMP VICTORY Will Be VERY POSITIVE For NA Steel PRODUCERS

Trump stirring the pot with 25 percent tariff threats on day one of his presidency. Like I said its going to be interesting to see how this plays out for the steel, oil, grain etc sectors. If he does ...more  
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Discussion
Comment by 1condoron Nov 11, 2024 6:45pm

RE:RE:A TRUMP VICTORY Will Be VERY POSITIVE For NA Steel PRODUCERS

This is going to be an interesting company to watch over the next few years. The CEO just recently mentioned that they are looking at cutting the workforce by 1/3 over the next 2 to 3 years as the ...more  
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Discussion
Post by ztransforms173on Nov 11, 2024 10:02am

Algoma Steel Group IS A PREMIUM HEDGE FUND HOTEL !

- MORE 13G 5+% OWNERSHIP SEC FILINGS ^^^ CUSIP No. 015658107     1. Name of Reporting Person   MM Asset Management Inc.    ...more  
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Post by ztransforms173on Nov 11, 2024 9:42am

CC: EAF CAPEX ON TARGET: SPENT @ 9/30/2024: $ 672 Million

EAF: Electric Arc Furnace - 2 Danieli EAFs being BUILT at the Algoma steel complex with TOTAL STEEL-MAKING CAPACITY of 3,000,000 tonnes per year - EAF 'PROJECTED' BUDGET : $870 Million - 90 ...more  
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Post by ztransforms173on Oct 30, 2024 12:02pm

DEPRESSING QUARTER: Q2/2025: 11/6/2024: AFTER Market CLOSE

- will be INTERESTING to HEAR about their BUSINESS INSURANCE CLAIMS ^^^ Algoma Steel to release Q2 results Nov. 6 2024-10-29 18:08 ET - News Release Mr. Michael Moraca reports ALGOMA STEEL TO ...more  
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Comment by ztransforms173on Oct 28, 2024 10:40am

RE:A TRUMP VICTORY Will Be VERY POSITIVE For NA Steel PRODUCERS

better now: - Trump47 will SPUR a MASSIVE INCREASE in INFRASTRUCTURE INVESTMENT and CAPITAL SPENDING which will RESULT in a HUGE APPETITE for STEEL z173
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Discussion
Post by ztransforms173on Oct 28, 2024 10:22am

A TRUMP VICTORY Will Be VERY POSITIVE For NA Steel PRODUCERS

- Trump47 will SPUR a MASSIVE INCREASE in INFRASTRUCTURE INVESTMENT and CAPITAL SPENDING which will RESLUT in a HUGE APPETITE for STEEL z173
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Discussion
Post by ztransforms173on Oct 28, 2024 9:52am

A BUNCH Of NEW 13G 5+% OWNERSHIP SEC Filings

Donald Smith & Co., Inc. 13-2807845 (a) Amount beneficially owned: 8,062,867 (b) Percent of class: 7.74% https://ir.algoma.com/node/9726/html ^^^ Maple Rock Capital Partners Inc.  ...more  
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Post by ztransforms173on Oct 23, 2024 9:45am

'BLACKROCK' Units OWN 6,957,499 (6.7%) Shares Of ASTL

See: https://ir.algoma.com/node/9721/html ^^^ Under the Securities Exchange Act of 1934 (Amendment No: ) ALGOMA STEEL GROUP INC -------------------------------------------------------- (Name of ...more  
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Post by ztransforms173on Sep 26, 2024 5:54pm

Still NEGATIVE MARGINS With VOLUME of 510-520K Tons

- GREAT: $ 20 million FIRST INSURANCE PAYMENT - CFO made FURTHER INSURANCE BUSINESS CLAIMS of $ 80+ million ^^^ ORIGINAL: Algoma Steel Provides Fiscal Second Quarter 2025 Guidance 2024-09-26 17 ...more  
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