Algoma Steel Group Inc.
ASTLW
NASDAQ Global Market0.05
USD
+0.00
- -
CIK
0001860805
ISIN
CA0156581153
CUSIP
015658107
Return %
Stock
S&P500
1Y
-84.95
26.53
3Y
-97.12
76.60
5Y
-96.79
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Rajat Marwah
- Full Time Employees
- 2,818
- Sector
- Basic Materials
- Industry
- Steel
- Address
- 105 West Street Sault Ste. Marie ON Canada P6A 7B4
- IPO Date
- Mar 4, 2021
- CIK
- 0001860805
- Website
- algoma.com
- Similar Companies
- Business
- Algoma Steel Group Inc. operates as a primary Canadian producer and vendor of steel commodities throughout North America. The firm offers a range of flat rolled steel products, including treated hot-rolled, cold rolled, and temper rolled sheets, along with floor plate and custom-length items. These are essential for automotive manufacturing, producers of structural tubing, and the light manufacturing and transportation sectors. Furthermore, the company supplies robust plate steel, comprising various hot-rolled and heat-treated forms, utilized in building railcars, constructing facilities and bridges, fabricating heavy-duty equipment, storage tanks, maritime vessels, and specialized defense applications, including wind energy generation equipment. Algoma Steel is significantly advancing its operations through a transition to electric arc furnace (EAF) technology, a major North American decarbonization initiative designed to reduce its carbon emissions by approximately 70%. This modernization introduces its new, lower-carbon steel branded as Volta™. The company was initially founded in 1901 and maintains its central operations in Sault Ste. Marie, Canada.