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ASTL / Algoma Steel Group: Strong Prospect About To Get Cheaper

Algoma Steel Group: Strong Prospect About To Get Cheaper
This analysis issues a Hold recommendation rating for Algoma Steel Group Inc., a Canadian manufacturer and seller of steel products primarily for the US automotive, transportation, and infrastructure sectors. Algoma Steel Group Inc. is well positioned. As a result of its transformative growth plan, it aims to expand steel production and reduce carbon emissions. Shares are not expensive at all compared to growth prospects, but could become even cheaper soon. Read More
Posted: Aug 17 2023, 01:53
Author Name: Seeking Alpha
Views: 092047

ASTL News  

Algoma: Mr. Market Continues To Offer This Stock At A Steep Discount

By Seeking Alpha
October 25, 2023

Algoma: Mr. Market Continues To Offer This Stock At A Steep Discount

Algoma Steel Group Inc. is a Canadian steel provider that meets the criteria of being oversold with compelling valuations and a robust balance sheet. more_horizontal

Algoma Steel to Announce Fiscal 2024 Second Quarter Results November 2, 2023

By GlobeNewsWire
October 23, 2023

Algoma Steel to Announce Fiscal 2024 Second Quarter Results November 2, 2023

SAULT STE. MARIE, Ontario, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a more_horizontal

Algoma Steel (ASTL) Extends Iron Ore Contract for EAF Transition

By Zacks Investment Research
October 4, 2023

Algoma Steel (ASTL) Extends Iron Ore Contract for EAF Transition

Algoma Steel (ASTL) extends its iron ore purchase contract with U.S. Steel for two years, supporting its transition to electric arc furnace steelmakin more_horizontal

Algoma Steel: Deeply Undervalued Steel Producer Undergoing A Radical Transformation

By Seeking Alpha
September 25, 2023

Algoma Steel: Deeply Undervalued Steel Producer Undergoing A Radical Transformation

Algoma Steel is transitioning to Electric Arc Furnace steel production, which will reduce maintenance costs, increase steel production, and improve ma more_horizontal

Algoma Steel Group: Strong Prospect About To Get Cheaper

By Seeking Alpha
August 17, 2023

Algoma Steel Group: Strong Prospect About To Get Cheaper

This analysis issues a Hold recommendation rating for Algoma Steel Group Inc., a Canadian manufacturer and seller of steel products primarily for the more_horizontal

Algoma Steel's (ASTL) Q1 Earnings and Revenues Decline Y/Y

By Zacks Investment Research
August 14, 2023

Algoma Steel's (ASTL) Q1 Earnings and Revenues Decline Y/Y

Algoma Steel's (ASTL) fiscal first-quarter earnings and revenues fall year over year. EAF project progresses. more_horizontal

Algoma Steel Group Inc. (ASTL) Q1 2024 Earnings Call Transcript

By Seeking Alpha
August 12, 2023

Algoma Steel Group Inc. (ASTL) Q1 2024 Earnings Call Transcript

Algoma Steel Group Inc. (NASDAQ:ASTL ) Q1 2024 Earnings Conference Call August 11, 2023 11:00 AM ET Company Participants Mike Moraca - Treasurer and I more_horizontal

Algoma Steel to Announce Fiscal 2024 First Quarter Results August 10, 2023

By GlobeNewsWire
July 27, 2023

Algoma Steel to Announce Fiscal 2024 First Quarter Results August 10, 2023

SAULT STE. MARIE, Ontari, July 27, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a l more_horizontal


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