Algoma Steel Group Inc.

ASTL

CA0156581070

Iron & Steel

Real-time Estimate Cboe BZX Other stock markets 09:35:10 07/06/2024 pm IST			5-day change	1st Jan Change
7.425 ^USD	-2.17%		-3.00%	-25.92%

09/04	Algoma Steel Group Maintained at Buy at Stifel GMP Following Debt Issue; Price Target Cut to C$15.00	MT
27/03	Algoma Steel Prices $350 Million Debt Offering	MT

Algoma Steel Announces Appointment of New CEO Upon Retirement of Michael McQuade, Effective June 1, 2022

April 18, 2022 at 05:00 pm IST

Algoma Steel Group Inc. announced the appointment of Michael Garcia as Chief Executive Officer effective June 1, 2022 upon the retirement of current CEO Michael McQuade. Mr. McQuade will continue to serve on the Company's board of directors and Mr. Garcia will also join the Board concurrent with his appointment as CEO.

Latest news about Algoma Steel Group Inc.

Algoma Steel Group Maintained at Buy at Stifel GMP Following Debt Issue; Price Target Cut to C$15.00	09/04	MT
Algoma Steel Prices $350 Million Debt Offering	27/03	MT
Algoma Steel Brief: Pricing US$350 Million 9.125% Senior Secured Second Lien Notes due 2029	27/03	MT
Algoma Steel Group Maintained at Outperform at BMO After Fiscal Q4 Guidance; Price Target Kept at C$15.00	26/03	MT
S&P Assigns Rating to Algoma Steel	25/03	MT
Fitch Assigns First-Time B Long-Term Issuer Default Ratings to Algoma Steel Group, Unit	25/03	MT
Algoma Steel Plans $350 Million Notes Offering; Provides Fiscal Q4 Guidance	25/03	MT
Algoma Steel Provides Q4 Guidance; Announces Proposed Offer of US$350 Million of Senior Secured Second Lien Notes due 2029	25/03	MT
Algoma Steel Brief: Announcing Proposed Offering of US$350 Million of Senior Secured Second Lien Notes due 2029	25/03	MT
Algoma Steel Brief: Providing Fiscal Fourth Quarter 2024 Guidance	25/03	MT
Algoma Steel Group Inc. Provides Total Steel Shipments Guidance for the Fourth Quarter Ending March 31, 2024	25/03	CI
Algoma Steel Brief: Advising the repair and restart of its blast furnace is complete and steel production resumed on Sunday, February 11, 2024	15/02	MT
Algoma Steel Group Inc. Resumes Normal Steel Production	15/02	CI
Algoma Steel Says Casthouse Incident Affected 12 Workers	09/02	MT
Algoma Reports Casthouse Incident at Blast Furnace Complex	09/02	MT
Algoma Steel Group Maintained at Buy at Stifel GMP After Fiscal Q3 Results; Price Target Cut to C$15.25	08/02	MT
Transcript : Algoma Steel Group Inc., Q3 2024 Earnings Call, Feb 07, 2024	07/02
Tranche Update on Algoma Steel Group Inc.'s Equity Buyback Plan announced on March 1, 2023.	07/02	CI
Algoma Steel Brief: Reiterated Outlook on Transformative EAF Project with $509.9 Million Invested to Date and 86% of Anticipated Costs Under Contract	07/02	MT
Algoma Steel Brief: Q3 Net loss of $84.8 million, compared to a net loss of $69.8 million in the prior-year quarter	07/02	MT
Algoma Steel Brief: Q3 Consolidated revenue of $615.4 million, compared to $567.8 million in the prior-year quarter; Paid quarterly dividend of US$0.05/share	07/02	MT
Algoma Steel Group Inc. Declares Quarterly Dividend, Payable on March 28, 2024	07/02	CI
Algoma Steel Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	07/02	CI
BMO Capital Trims Price Target on Algoma Steel to CA$15 From CA$16, Maintains Outperform Rating	24/01	MT
Algoma Steel Group Maintained at Outperform at BMO Following Coking Plant Structure Collapse; Price Target Cut to C$15.00	24/01	MT

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Company Profile

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 discrete plate products in Canada. Its plate products include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip and The Heavies. Its plate 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.

Sector

Iron & Steel

Calendar

20/06/2024 - Q4 2024 Earnings Release

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Ratings for Algoma Steel Group Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.59

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Company calendar

Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
ALGOMA STEEL GROUP INC.	-25.92%	790M
JSW STEEL LIMITED	+3.59%	25.87B
BAOSHAN IRON & STEEL CO., LTD.	+17.88%	21.09B
JINDAL STEEL & POWER LIMITED	+37.27%	12.36B
CHINA STEEL CORPORATION	-12.22%	11.09B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+6.55%	10.42B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	0.00%	8.9B
BHARAT FORGE LIMITED	+27.90%	8.68B
TERNIUM S.A.	-6.45%	8.03B
JINDAL STAINLESS LIMITED	+38.94%	7.84B

Iron, Steel Mills & Foundries

Algoma Steel Group Inc.

Equities

ASTL

CA0156581070

Iron & Steel

Algoma Steel Announces Appointment of New CEO Upon Retirement of Michael McQuade, Effective June 1, 2022

EPS Revisions