ASTL Stock Analysis
AS
Uncovered
Algoma Steel Group Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Algoma Steel Group, Inc. engages in the production of hot and cold rolled steel products. The company is headquartered in Sault Ste. Marie, Ontario and currently employs 2,734 full-time employees. The company went IPO on 2022-09-19. The company produces sheet and plate products that are sold primarily to customers in Canada and Midwest United States of America. The firm has a raw steel production capacity of an estimated 2.8 million tons per year. The Company’s mill produces hot rolled sheet steel (HRC) in North America owing in part to its direct strip production complex (DSPC), which is a thin slab caster in North America with direct coupling to a basic oxygen furnace (BOF) melt shop. Algoma delivers its solutions to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Its facility provides a range of quality heat treated products for abrasion resistant, ballistic and other specialty plate applications. Its subsidiaries include Algoma Steel Holdings Inc., Algoma Steel Inc. and Algoma Steel Inc. USA.