Algoma Steel Group Inc. (ASTL)
Algoma Steel Group Inc. operates in the Steel industry of the Basic Materials sector, headquartered in Sault Ste. Marie, ON, CA. The stock last traded at $4.42, down 0.23% on the session, giving a market capitalisation of $465.8M. On trailing twelve-month figures it carries a trailing P/E of -0.60, a net margin of -71.6%. Its beta of 1.63 implies it has historically moved more than the broad market.
Algoma Steel Group Inc. operates as a key North American producer and distributor of steel products. The company's offerings include a diverse range of flat and sheet steels, such as temper-rolled, cold-rolled, hot-rolled pickled and oiled items, floor plates, and custom-cut lengths. These flat products serve critical sectors like the automotive industry, manufacturers of hollow structural products, and various light manufacturing and transportation businesses. Additionally, Algoma Steel supplies plate steel—in rolled, hot-rolled, and heat-treated forms—which is integral to the construction of railcars, buildings, bridges, heavy off-highway equipment, storage tanks, ships, and military defense applications. Established in 1901, Algoma Steel Group Inc. is headquartered in Sault Ste. Marie, Canada.
Algoma Steel Group Inc. is most often compared with the following Basic Materials names: