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Algoma Steel Group Inc. (T:ASTL)

Business Focus: N/A

Mar 26, 2024 05:30 pm ET
Algoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a fully integrated producer of hot and cold rolled steel products including sheet and plate, announced today that its indirect wholly-owned subsidiary, Algoma Steel Inc. (“ASI”), has...
Mar 25, 2024 05:30 pm ET
CORRECTION: Dividend Payment Date Adjustment Due to Canadian Statutory Holiday
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 informs its shareholders of an adjustment to the previously announced dividend...
Mar 25, 2024 08:00 am ET
Algoma Steel Inc. Announces Proposed Offering of US$350 Million of Senior Secured Second Lien Notes due 2029
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a fully integrated producer of hot and cold rolled steel products including sheet and plate, announced today that its indirect wholly-owned subsidiary, Algoma Steel Inc. (“ASI”), intends...
Mar 25, 2024 08:00 am ET
Algoma Steel Provides Fiscal Fourth Quarter 2024 Guidance
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 fiscal fourth quarter ending March 31, 2024. Unless...
Feb 26, 2024 08:30 am ET
Algoma Steel Group to Participate in the BMO 33rd Global Metals, Mining & Critical Minerals Conference
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 the Company is participating in the BMO 33rd Global Metals,...
Feb 14, 2024 05:30 pm ET
Algoma Resumes Normal Steel Production
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 advised the repair and restart of its blast furnace is complete and steel...
Feb 09, 2024 09:27 am ET
Algoma Addresses Casthouse Incident
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 advised that at approximately 10:00 pm on Wednesday, February 7 there was an...
Feb 06, 2024 05:30 pm ET
Algoma Steel Group Reports Fiscal Third Quarter 2024 Financial Results
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 results for its fiscal third quarter ended December 31, 2023. Unless...
Jan 29, 2024 05:30 pm ET
Algoma Steel to Announce Fiscal 2024 Third Quarter Results February 6, 2024
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, announced today that the Company will release its fiscal 2024 third quarter financial...
Jan 23, 2024 07:15 am ET
Algoma Steel Provides Update on Incident at Coke-Making Plant
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 an update further to the incident on Saturday, January 20 at its...
Jan 20, 2024 04:00 pm ET
Algoma Steel Reports Incident at Coke-Making Plant
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 in the early hours of Saturday, January 20, 2024 there was a...
Jan 03, 2024 05:30 pm ET
Algoma Steel Provides Fiscal Third Quarter 2024 Guidance
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 fiscal third quarter ending December 31, 2023. Unless...
Dec 21, 2023 05:30 pm ET
Algoma Steel Group Announces Director Retirement
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 Andrew Schultz is retiring from the board of directors effective...
Nov 23, 2023 04:20 pm ET
Algoma Steel Announces Retirement of Vice President - Sales
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 its Vice President - Sales, Rory Brandow, has indicated his pending...
Nov 02, 2023 05:30 pm ET
Algoma Steel Group Reports Fiscal Second Quarter 2024 Financial Results
(November 2, 2023) – 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 results for its fiscal second quarter ended...
Oct 23, 2023 05:30 pm ET
Algoma Steel to Announce Fiscal 2024 Second Quarter Results November 2, 2023
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, announced today that the Company will release its fiscal 2024 second quarter financial...
Oct 02, 2023 05:30 pm ET
Algoma Steel Announces Extension of Iron Ore Contract with U. S. Steel to Support Transition to Electric Arc Steelmaking
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 a two-year extension of its existing iron ore purchase contract with...
Sep 28, 2023 05:30 pm ET
Algoma Steel Provides Fiscal Second Quarter 2024 Guidance
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 fiscal second quarter ending September 30, 2023....
Sep 26, 2023 05:30 pm ET
Algoma Steel Announces Results of Voting at Annual Meeting of Shareholders
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, announced today the results of voting at its virtual annual meeting of shareholders...
Sep 19, 2023 10:00 am ET
Algoma Steel donates C$120,000 to support United Way’s Harvest Algoma
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, announced today that as part of its longstanding support of the United Way, it is...
Sep 12, 2023 05:30 pm ET
Algoma Steel Issues Inaugural Annual ESG Report
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 issued its first annual environmental, social and governance (“ESG”) report (the...
Aug 30, 2023 07:00 am ET
Algoma Steel Group to Participate in the Jefferies 2023 Industrials Conference
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 the Company will be participating in the Jefferies 2023...
Aug 10, 2023 05:30 pm ET
Algoma Steel Group Reports Fiscal 2024 First Quarter Financial Results
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 results for its fiscal first quarter ended June 30, 2023. Unless...
Jul 27, 2023 05:30 pm ET
Algoma Steel to Announce Fiscal 2024 First Quarter Results August 10, 2023
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, announced today that the Company will release its fiscal 2024 first quarter financial...
Jun 21, 2023 05:55 pm ET
Algoma Steel Announces Filing of Base Shelf Prospectus
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, announced today that it has filed a base shelf prospectus dated June 21, 2023 (the...
Jun 21, 2023 05:52 pm ET
Algoma Steel Group Reports Fiscal Fourth Quarter and Full Year 2023 Financial Results
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 results for its fiscal fourth quarter and full year ended March 31,...
Jun 16, 2023 09:00 am ET
Algoma Steel Reports Fatal Incident
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”), regrets to report a fatal incident involving an employee of a contractor who was retained to perform specialized maintenance work. On the afternoon of June 15th, the...
Jun 06, 2023 05:30 pm ET
Algoma Steel to Announce Fiscal 2023 Fourth Quarter and Full Year Results June 21, 2023
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2023 fourth quarter and full year financial...
May 25, 2023 05:30 pm ET
Algoma Steel Upsizes ABL Credit Facility and Extends Maturity Date to 2028
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 it has successfully upsized its senior secured asset-based...
Apr 06, 2023 11:30 am ET
Algoma Steel Releases ESG Position Statement
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 released its Environmental, Social, and Governance (“ESG”) Position Statement...
Mar 30, 2023 05:30 pm ET
Algoma Steel Provides Fiscal 2023 Fourth Quarter Guidance
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 fiscal fourth quarter ending March 31, 2023. Unless...
Mar 29, 2023 05:30 pm ET
Algoma Steel Group Announces Director Resignation
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 Brian Pratt has resigned from the Board of Directors for personal...
Mar 13, 2023 05:30 pm ET
Algoma Steel Appoints EllisDon as Construction Manager for Electric Arc Furnace Project
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Corporation”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced the appointment of EllisDon as Construction Manager for completion...
Mar 01, 2023 05:30 pm ET
Algoma Steel Group Announces Renewal of Normal Course Issuer Bid
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s intention to renew its normal course issuer bid (“NCIB”) for a portion of its...
Feb 23, 2023 05:30 pm ET
Algoma Steel Group to Participate in the BMO 32nd Global Metals, Mining & Critical Minerals Conference
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 the Company will be participating in the BMO 32nd Global Metals,...
Feb 16, 2023 03:30 pm ET
Algoma Steel Installs First Structural Columns for Electric Arc Steel Shop
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company installed the first structural steel columns this week at its electric...
Feb 13, 2023 05:30 pm ET
Algoma Steel Group Reports Fiscal 2023 Third Quarter Results
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 results for its fiscal third quarter ended December 31, 2022. Unless...
Feb 01, 2023 05:30 pm ET
Algoma Steel to Announce Fiscal 2023 Third Quarter Results February 13, 2023
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2023 third quarter financial results after the...
Jan 09, 2023 05:30 pm ET
Algoma Steel Provides Fiscal Third Quarter 2023 Guidance
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 fiscal third quarter 2023. Unless otherwise specified,...
Nov 07, 2022 05:35 pm ET
Algoma Steel Group Reports Fiscal 2023 Second Quarter Results
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 results for its fiscal second quarter ended September 30, 2022....
Oct 26, 2022 05:30 pm ET
Algoma Steel to Announce Fiscal 2023 Second Quarter Results November 7, 2022
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that Algoma will release its fiscal 2023 second quarter financial results after the...
Oct 12, 2022 03:30 pm ET
Algoma Steel Partners with Sault College on Site-Greening Initiative
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, and Sault College (“the College”) announced today that their collaboration on Algoma’s...
Sep 27, 2022 05:30 pm ET
Algoma Steel Provides Fiscal Second Quarter 2023 Guidance
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 fiscal second quarter 2023. Fiscal second quarter...
Sep 20, 2022 05:30 pm ET
Algoma Steel Announces Results of Voting at Annual Meeting of Shareholders
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, announced today the results of voting at its virtual annual meeting of shareholders...
Sep 02, 2022 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index and S&P/TSX 60 Index
TORONTO, Sept. 2, 2022 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index and S&P/TSX 60 Index prior to the open of trading on Monday, September 19, 2022:
Aug 30, 2022 07:38 am ET
Algoma Steel Confirms USW Local 2251 Agreement Ratified
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma’ or “the Company”) reports it has been notified by United Steelworkers (“USW”) Local 2251, the union representing Algoma’s hourly employees, that their members have successfully ratified...
Aug 23, 2022 04:58 pm ET
Algoma Steel and USW L2251 Reach Tentative Agreement
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) and United Steelworkers Local Union 2251 (“2251”), the union representing Algoma’s hourly employees, announced today that the parties have reached a tentative collective...
Aug 12, 2022 06:00 pm ET
Algoma Steel Confirms USW Local 2251 Agree to Take Offer to Employees for a Vote
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that United Steelworkers Local 2251 (“2251” or the “Union”) have agreed to take the Company’s last offer to a vote by employees in the affected bargaining...
Aug 09, 2022 05:30 pm ET
Algoma Steel Reports Coke Conveyor Fire
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that a fire occurred on August 7, 2022, on one of its coal conveyors that supplies coal to two of its three coke batteries. No one was injured in this...
Aug 05, 2022 08:19 pm ET
Algoma Steel Tables Revised Best and Final Offer in Collective Agreement Negotiations with USW Local 2251
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Company has submitted a revised best and final Collective Bargaining Agreement (“CBA”) offer to the Negotiating Committee of United Steelworkers...
Aug 03, 2022 05:30 pm ET
Algoma Steel Group Reports Fiscal 2023 First Quarter Results
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 results for its fiscal first quarter ended June 30, 2022. Unless...
Aug 02, 2022 07:42 am ET
Algoma Steel Announces Final Results of Substantial Issuer Bid
Algoma Steel Group Inc. (NASDAQ, TSX: ASTL) (“Algoma” or the “Corporation”) today announced the final results of its substantial issuer bid (the “Offer”) under which it has purchased for cancellation 41,025,641 of its common shares (“Shares”) at a...
Jul 30, 2022 08:39 pm ET
Algoma Steel Announces 15 Day Extension
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Company and the Negotiating Committee of United Steelworkers Local Union 2251 (“2251”), the union representing Algoma’s hourly employees, have...
Jul 29, 2022 11:28 pm ET
Algoma Steel Outlines Best and Final Offer in Collective Agreement Negotiations with USW Local 2251
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Company has submitted its best and final Collective Bargaining Agreement (“CBA”) offer to the Negotiating Committee of United Steelworkers Local...
Jul 28, 2022 07:30 am ET
Algoma Steel Announces Preliminary Results of Substantial Issuer Bid
Algoma Steel Group Inc. (NASDAQ, TSX: ASTL) (“Algoma” or the “Corporation”) today announced the preliminary results of its substantial issuer bid (the “Offer”), which expired at 5:00 p.m. (Eastern Time) on July 27, 2022. Based on the preliminary...
Jul 26, 2022 04:30 pm ET
Algoma Steel Notified by USW Local 2724 Agreement Ratified
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma’ or “the Company”) reports it has been notified by United Steelworkers (“USW”) Local 2724, the union representing its technical, professional and front-line supervisory employees, that...
Jul 26, 2022 07:30 am ET
Algoma Steel to Announce Fiscal 2023 First Quarter Results August 3, 2022
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2023 first quarter financial results after the...
Jul 20, 2022 12:30 pm ET
Algoma Steel Reaches Tentative Agreement with USW Local 2724
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Company has reached a tentative agreement for a new labour contract with United Steelworkers (“USW”) Local 2724, the union representing its...
Jul 19, 2022 11:30 am ET
Algoma Steel Donates $1 Million toward Sault Area Hospital Residential Withdrawal Management Facility
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 its donation of CDN $1 million to Sault Area Hospital Foundation...
Jul 18, 2022 07:30 am ET
Algoma Steel Group Announces OSC Relief in Substantial Issuer Bid
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that the Ontario Securities Commission (the “OSC”) has granted an exemptive relief order (the “Relief Order”) exempting Algoma from complying with the...
Jun 23, 2022 05:30 pm ET
Algoma Steel Distributes Over $150 Million in Employee Profit Sharing Program
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 fiscal 2022 returned $150.7 million in total profit share payouts for...
Jun 21, 2022 07:30 am ET
Algoma Steel Announces Commencement of US$400 Million Substantial Issuer Bid
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Corporation”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced it is commencing its previously announced substantial issuer bid...
Jun 17, 2022 08:30 am ET
Algoma Steel Provides Community Update Regarding Spill
Today Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), provided the following update to the community and neighbouring stakeholders regarding the June 9th accidental release of lubricant oil into the St. Mary’s River....
Jun 14, 2022 05:40 pm ET
Algoma Steel Group Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results
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 results for its fiscal fourth quarter and full year ended March 31,...
Jun 01, 2022 05:30 pm ET
Algoma Steel to Announce Fiscal 2022 Fourth Quarter and Full Year Results June 14, 2022
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2022 fourth quarter and full year financial...
Apr 25, 2022 07:30 am ET
Algoma Steel Awards Building Contract to Walters Group
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has awarded the structural building contract for its electric arc steelmaking...
Apr 18, 2022 07:30 am ET
Algoma Steel Announces Appointment of New CEO upon Retirement of Michael McQuade
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 the appointment of Michael Garcia as Chief Executive Officer (“CEO”)...
Apr 08, 2022 11:30 am ET
Algoma Steel Comments on Ontario’s Recently Announced Northern Energy Advantage Program
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 commented on Ontario’s newly announced Northern Ontario Energy Advantage Program...
Mar 23, 2022 05:30 pm ET
Algoma Steel Provides Fiscal Fourth Quarter 2022 Guidance
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 fiscal fourth quarter 2022. Fiscal fourth quarter...
Mar 01, 2022 05:30 pm ET
Algoma Steel Group Announces Approval of Normal Course Issuer Bid
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s intention to make a normal course issuer bid (“NCIB”) for a portion of its common...
Feb 25, 2022 05:30 pm ET
Algoma Steel Group to Present at the BMO 31st Global Metals & Mining Conference
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 the Company will present at the BMO 31st Global Metals & Mining...
Feb 10, 2022 05:30 pm ET
Algoma Steel Group Announces Fiscal 2022 Third Quarter Results
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 results for its fiscal third quarter ended December 31, 2021. Unless...
Jan 31, 2022 07:30 am ET
Algoma Steel to Announce Fiscal 2022 Third Quarter Results February 10, 2022
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2022 third quarter financial results after the...
Jan 27, 2022 05:30 pm ET
Algoma Steel Awards Contract to GE to Provide Gas Turbines to Support Power Requirements of Electric Arc Steelmaking Transition
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma Steel” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has awarded GE Gas Power (NYSE: GE) a contract for an...
Jan 10, 2022 07:30 am ET
Algoma Steel Provides Fiscal 2022 Third Quarter Update
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that based on the current estimates of Algoma’s Earnout Adjusted EBITDA (as defined in...
Dec 02, 2021 07:30 am ET
Algoma Steel Selects Danieli as Technology Provider for New Electric Arc Steelmaking Facility
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 it has selected Danieli & C. Officine Meccaniche S.p.A...
Nov 29, 2021 07:30 am ET
The Canada Infrastructure Bank and Algoma Steel Finalize Previously Announced Agreement to Finance Green Steel Transformation Plan
The Canada Infrastructure Bank (CIB) and Algoma Steel Inc., a subsidiary of Algoma Steel Group Inc. (Nasdaq: ASTL; TSX: ASTL) (Algoma) have entered into a definitive agreement with respect to the CIB’s previously announced commitment to finance the...
Nov 11, 2021 05:15 pm ET
Algoma Steel Group Announces Fiscal 2022 Second Quarter Results
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 results for its fiscal second quarter ended September 30, 2021....
Nov 11, 2021 07:30 am ET
Algoma Steel Announces Final Investment Decision for Electric Arc Steelmaking
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 Board of Directors has authorized the Company to construct...
Nov 01, 2021 02:00 pm ET
Algoma Steel to Announce Fiscal 2022 Second Quarter Results November 11, 2021
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2022 second quarter financial results after...
Oct 27, 2021 05:00 pm ET
Algoma and Triple M Metal Establish Metals Sourcing Joint Venture
Algoma Steel Group Inc. (“Algoma”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has entered into a joint venture with Triple M Metal LP (“Triple M”), one of...
Oct 27, 2021 07:30 am ET
Algoma Announces Retirement of Chief Commercial Officer
Algoma Steel Group Inc. (“Algoma”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced its Chief Commercial Officer Robert Dionisi, has indicated his pending retirement...
Oct 22, 2021 11:15 am ET
Algoma Steel Receives Upgrade from S&P Global Ratings
Algoma Steel Group Inc. (“Algoma”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that S&P Global Ratings (“S&P”) has upgraded Algoma’s issuer credit rating to ‘B-’ from...
Oct 22, 2021 07:30 am ET
Algoma Steel Expands and Diversifies Board
Algoma Steel Group Inc., with operations based in Sault Ste. Marie, Ontario (“Algoma”) (NASDAQ: ASTL, ASTLW; TSX: ASTL, ASTL.WT), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced the addition of six...
Oct 21, 2021 11:00 am ET
Algoma Steel Group Inc. Virtually Opens the Market
TORONTO, Oct. 21, 2021 /CNW/ - Michael McQuade, Chief Executive Officer, Algoma Steel Group Inc. ("Algoma" or the "Company") (TSX: ASTL) (NASDAQ: ASTL), and his team joined David Chelich,Sector Head, Business Development, TMX Group, to celebrate the Company's new listing on Toronto Stock Exchange and open the market.
Oct 20, 2021 09:20 am ET
IIROC Trade Resumption - ASTL
TORONTO, Oct. 20, 2021 /CNW/ - Trading resumes in:
Oct 20, 2021 08:07 am ET
IIROC Trading Halt - ASTL
TORONTO, Oct. 20, 2021 /CNW/ - The following issues have been halted by IIROC: