ASTLW News and Press, Algoma Steel Group Inc. Warrant From 11/29/21

Algoma Steel recently returned to the public markets via a SPAC transaction with Legato Merger Corp. Despite a recent earnings bump, the stock is still trading at 1.4x current EBITDA and 1.8x forward EBITDA. As cash flow drives down net debt and accrues to equity holders, the shar...

Record Second Quarter Revenue, Adjusted EBITDA and Free Cash Flow Driven by Higher Price Realizations and Cost Containment Initiatives Business Highlights and Fiscal 2022 to Fiscal 2021 Second Quarter Comparisons Consolidated revenue of $1.01 billion, up 168% from $3...

Dual furnaces to provide more liquid steel to match downstream finishing capacity. Transformation is expected to reduce carbon emissions by approximately 70%, positioning Algoma for long-term growth in the increasing market for green steel. SAULT STE. MARIE, Ontario, N...

SAULT STE. MARIE, Ontario, Nov. 01, 2021 (GLOBE NEWSWIRE) -- 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 qu...

SAULT STE. MARIE, Ontario, Oct. 27, 2021 (GLOBE NEWSWIRE) -- 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 ...

SAULT STE. MARIE, Ontario, Oct. 27, 2021 (GLOBE NEWSWIRE) -- 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 indica...