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Algoma Steel Group Inc(ASTL-T)
TSX

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Canadian billionaire Barry Zekelman weighs his options after amassing equity stake in Algoma Steel

Mr. Zekelman said a long-standing dream of his is to own a steel mill and conceded that one way to realize that ambition would be to buy Algoma, even if he’s not sure if that would be the right move
GlobeNewswire
Algoma Steel Group Reports Fiscal Second Quarter 2025 Financial Results
AI-generated - The Globe and Mail
Algoma Steel Group: Top 10 Undervalued Steel Industry Stocks (ASTL)
GlobeNewswire
Algoma Steel to Announce Fiscal 2025 Second Quarter Results November 6, 2024

Profile

Algoma Steel Group Inc is a Canadian company engaged in the production of clean and consistent light gauge steel. The company offers a range of hot and cold rolled steel sheet and plate products. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.

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