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

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

Steel Steel 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

TSX:ASTL - Post Discussion

Algoma Steel Group Ord Shs > Steel prices on the rise again
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Post by lifeisgood1010 on Feb 02, 2023 9:46am

Steel prices on the rise again

No wonder every steel stocks are moving higher.

After a trough in HRC in the mid $600 in December, every contracts going to July are higher then $800.The March one is currently trading at $820.

If these steel price stays in that area, we will see once again very profitability from the steel sector this year.
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Algoma Steel Group Ord Shs