Algoma Steel Overview
- Year Founded
-
1901

- Status
-
Public
- Employees
-
2,844

- Stock Symbol
-
ASTL

- Investments
-
4
- Share Price
-
$7.99
- (As of Friday Closing)
Algoma Steel General Information
Description
Algoma Steel Group Inc is a Canadian company engaged in the production of clean and consistent light gauge steel. The company offers a range of hot and cold rolled steel sheet and plate products. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.
Contact Information
Website
www.algoma.comCorporate Office
- 105 West Street
- Sault Suite Marie, Ontario P6A 7B4
- Canada
Corporate Office
- 105 West Street
- Sault Suite Marie, Ontario P6A 7B4
- Canada
Algoma Steel Timeline
Algoma Steel Stock Performance
As of 14-Feb-2025, Algoma Steel’s stock price is $7.99. Its current market cap is $834M with 104M shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$7.99 | $8.05 | $6.69 - $12.14 | $834M | 104M | 69.3K | -$1.07 |
Algoma Steel Financials Summary
As of 30-Sep-2024, Algoma Steel has a trailing 12-month revenue of $1.83B.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2024 31-Mar-2024 | FY 2023 31-Mar-2023 | FY 2022 31-Mar-2022 |
---|---|---|---|---|
EV | 1,159,695 | 925,853 | 746,924 | 872,305 |
Revenue | 1,827,387 | 2,071,930 | 2,098,502 | 3,034,531 |
EBITDA | (2,498) | 219,362 | 370,759 | 1,038,725 |
Net Income | (115,590) | 77,962 | 225,446 | 683,846 |
Total Assets | 2,291,426 | 1,980,462 | 1,815,467 | 2,157,538 |
Total Debt | 457,264 | 108,126 | 90,714 | 77,055 |
Algoma Steel Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Algoma Steel Comparisons
Industry
Financing
Details
Algoma Steel Competitors (8)
One of Algoma Steel’s 8 competitors is Nucor, a Corporation company based in Charlotte, NC.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Nucor | Corporation | Charlotte, NC | ||||
Worthington Enterprises | Formerly PE-Backed | Columbus, OH | ||||
Federal Steel Supply | Private Equity-Backed | Chesterfield, MO | ||||
Siegal Steel Company | Corporate Backed or Acquired | Chicago, IL | ||||
United Poly Systems | Formerly PE-Backed | Springfield, MO |
Algoma Steel Patents
Algoma Steel Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
CA-3146647-A1 | Cold rolled steel sheet | Pending | 29-Jan-2021 | ||
US-20220243297-A1 | Cold rolled steel sheet | Active | 29-Jan-2021 | ||
US-11732322-B2 | Cold rolled steel sheet | Active | 29-Jan-2021 | ||
US-20220228234-A1 | Method for producing light gauge steel | Pending | 20-Jan-2021 | ||
CA-3146262-A1 | Method for producing light guage steel | Pending | 20-Jan-2021 | C21D1/18 |
Algoma Steel Signals
Algoma Steel Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Algoma Steel Investments & Acquisitions (4)
Algoma Steel’s most recent deal was a Joint Venture with ATM Metals. The deal was made on 27-Oct-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
ATM Metals | 27-Oct-2021 | Joint Venture | Environmental Services (B2B) | ||
Legato Merger | 19-Oct-2021 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) | ||
Algoma (55 MW Combined Heat and Power Plant in Sault Suite Marie, Canada) | 15-Mar-2018 | Corporate Asset Purchase | Other Energy | ||
Nayara Energy | 20-Jun-2014 | Secondary Transaction - Open Market | Energy Exploration |
Algoma Steel ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
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Algoma Steel FAQs
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When was Algoma Steel founded?
Algoma Steel was founded in 1901.
-
Where is Algoma Steel headquartered?
Algoma Steel is headquartered in Sault Suite Marie, Canada.
-
What is the size of Algoma Steel?
Algoma Steel has 2,844 total employees.
-
What industry is Algoma Steel in?
Algoma Steel’s primary industry is Industrial Supplies and Parts.
-
Is Algoma Steel a private or public company?
Algoma Steel is a Public company.
-
What is Algoma Steel’s stock symbol?
The ticker symbol for Algoma Steel is ASTL.
-
What is the current stock price of Algoma Steel?
As of 14-Feb-2025 the stock price of Algoma Steel is $7.99.
-
What is the current market cap of Algoma Steel?
The current market capitalization of Algoma Steel is $834M.
-
What is Algoma Steel’s current revenue?
The trailing twelve month revenue for Algoma Steel is $1.83B.
-
Who are Algoma Steel’s competitors?
Nucor, Worthington Enterprises, Federal Steel Supply, Siegal Steel Company, and United Poly Systems are some of the 8 competitors of Algoma Steel.
-
What is Algoma Steel’s annual earnings per share (EPS)?
Algoma Steel’s EPS for 12 months was -$1.07.
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