Algoma Steel Group (ASTL)
Makes sheet and plate steel as its Sault Ste. Marie plant converts to electric-arc furnaces.
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Manufactures hot- and cold-rolled steel sheet and plate at one Sault Ste. Marie complex, selling primarily to Canada and the United States. The listed parent owns the operating subsidiary as production shifts to electric-arc furnaces.
Produces hot- and cold-rolled steel sheet and plate from a single operating complex in Sault Ste. Marie, Ontario. The Nasdaq-listed holding company owns Algoma Steel Inc., the operating manufacturer.
Sales are concentrated in Canada and the United States, with sheet and plate as core product lines. Operations have historically centered on blast-furnace steelmaking at the site.
Two electric-arc furnaces are replacing the blast-furnace route. Once the first electric-arc furnace produced steel, the company reported that all liquid steel was produced by its EAF facility. Completing the EAF transition shapes the operating platform.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $44.4M · Total debt $772.1M · Total assets $1.46B · Shareholders' equity $209.8M
- Revenue
- $189.8M
- Operating income
- −$95.2M
- Net income
- −$68.1M
Reported in CAD, converted at the latest exchange rate
HistoryDividendAnnual yield
| Institutions | 69.16% | 72.57M ADS | |
|---|---|---|---|
| 104 holders · as of Jun 30, 2026 | |||
| Other | 30.84% | 32.36M ADS | |
| remainder | |||
104.93M ADS as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Maple Rock Capital Partners Inc.Institution | 16.07% | 16.86M ADS | as of Jun 30, 2026 |
Mmcap International Inc. SPCInstitution | 10.44% | 10.95M ADS | as of Jun 30, 2026 |
Contrarian Capital Management, L.L.C.Institution | 5.79% | 6.08M | filed Feb 14, 2022 |
Stoney Lonesome HF LPInstitution | 5.21% | 5.47M | filed Aug 14, 2025 |
Donald Smith & Co., Inc.Institution | 5.03% | 5.28M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Cleveland-Cliffs
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- Nucor
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- Steel Dynamics
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- ArcelorMittal (ADR)
Canada flat-rolled producer with sheet and plate output
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Algoma Steel Group | $4.41 | −0.56% | $466.9M | — | — | 0.4 | −56.5% |
| Cleveland-Cliffs | $12.68 | +1.20% | $7.15B | — | 20.6 | 0.4 | +5.9% |
| Nucor | $247.45 | +0.73% | $55.95B | 19.6 | 11.6 | 1.5 | +23.0% |
| Steel Dynamics | $234.71 | +0.31% | $33.54B | 21.2 | 10.9 | 1.6 | +33.4% |
| ArcelorMittal (ADR) | $72.17 | −2.18% | $56.15B | 31.3 | — | 0.9 | +5.2% |
| Median | 21.2 | 11.6 | 1.2 | +14.4% |