Algoma Steel

ASTL

Market cap $453M

Legato Merger (ASTL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Legato Merger (ASTL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

SAULT STE. MARIE, Ontario, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that its wholly owned subsidiary, Algoma Steel Inc., has entered into a binding memorandum of understanding with Hanwha Ocean Co., Ltd.. Canada's future submarine program could soon be supported by Canadian steel, Canadian workers, and Canadian industrial expertise under a new long-term strategic arrangement.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Legato Merger (ASTL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

ASTL releases Q4 2025 guidance, forecasting 375k-380k tons shipped and negative EBITDA as tariffs and blast furnace wind-down weigh results.

SAULT STE. MARIE, Ontario, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its quarter ended December 31, 2025. Unless otherwise specified, all amounts are in Canadian dollars.

$400 million from the Canada Enterprise Emergency Funding Corporation (CEEFC) and $100 million from the Province of Ontario strengthening Algoma's balance sheet as the Company advances its EAF transition $400 million from the Canada Enterprise Emergency Funding Corporation (CEEFC) and $100 million from the Province of Ontario strengthening Algoma's balance sheet as the Company advances its EAF transition

Algoma Steel Group Inc. ( ASTL ) Q3 2025 Earnings Call October 30, 2025 11:00 AM EDT Company Participants Michael Moraca - Vice President of Corporate Development & Treasurer Michael Garcia - CEO & Director Rajat Marwah - Chief Financial Officer Conference Call Participants Ian Gillies - Stifel Nicolaus Canada Inc., Research Division James McGarragle - RBC Capital Markets, Research Division Presentation Operator Greetings, and welcome to the Algoma Steel Group, Inc. Third Quarter 2025 Earnings Call. [Operator Instructions] [Technical Difficulty] being recorded.

Algoma Steel Group Inc. (ASTL) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of a loss of $0.7 per share. This compares to a loss of $0.72 per share a year ago.

Third Quarter Results In Line with Previously Announced Expectations Advances EAF Ramp-Up and Strengthens Liquidity with $500 Million in Government Support SAULT STE. MARIE, Ontario, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today reported financial results for the three and nine months ended September 30, 2025, reflecting ongoing trade-related headwinds and continued execution of the Company's electric arc furnace (“EAF”) transformation.