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Fourth Quarter Results In-Line with Previously Announced Expectations Plate and Strip Operations Running at Normal Production Levels Planned Plate Capacity Increase Ahead of Schedule Further Strengthened Liquidity with Recently Upsized ABL Credit Facility ...
SAULT STE. MARIE, Ontario, June 16, 2023 (GLOBE NEWSWIRE) -- 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...
SAULT STE. MARIE, Ontario, June 06, 2023 (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 2023 fourth quarter ...
2023-05-25 17:55:57 ET Algoma Steel ( TSX: ASTL:CA ) ( NASDAQ: ASTL ) said Thursday it has upsized its ABL credit facility from US$250 million to US$300 million. The company also extended the term of the ABL credit facility to May, 2028. Algoma said it no...
SAULT STE. MARIE, Ontario, May 25, 2023 (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 it has successfully upsize...
2023-05-24 04:36:12 ET Summary Algoma Steel Group has seen a worrying decline in revenues, fueled by both lower shipments and lower steel prices. The outlook for the industry remains positive as reshoring and still strong manufacturing demand in the US should help fuel growth. ...
2023-05-05 05:32:00 ET Summary Nordstern Capital Investors are an investment partnership for Accredited Investors. We base our decisions on thorough business analysis with an owner's mindset. The geopolitical, business, and investment climate remains laden with risk and potential ...
SAULT STE. MARIE, Ontario, April 06, 2023 (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 released its Environmental, Social, and...
SAULT STE. MARIE, Ontario, March 30, 2023 (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 fiscal fourth...
SAULT STE. MARIE, Ontario, March 29, 2023 (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 Brian Pratt has resigned...
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2024-07-09 19:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-07-01 09:00:22 ET Algoma Steel Group Inc (ASTL) declaring a stock dividend of $0.05 per share on Ex-Date : July 02, 2024. Shareholders on record as of July 02, 2024 are eligible for the dividend. The payment date is scheduled for July 19, 2024, and the declaration was officiall...
2024-06-29 20:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...