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Bullboard - Stock Discussion Forum Algoma Steel Group Ord Shs T.ASTL

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

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

TSX:ASTL - Post Discussion

Algoma Steel Group Ord Shs > Nice Move Yesterday
View:
Post by Stocker46 on Aug 25, 2022 10:32am

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).
Comment by CHECKMATE77 on Aug 25, 2022 11:07am
I think the best by far, way to play this is buying the warrants , and do so in us$ an incredible cheap leap call on the stock 
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