Stock Taper
OPPORTUNITY RADAR SCREENER COMPARE ANY 2 STOCKS
ASTLW
ALGOMA STEEL GROUP INC.
NASDAQ
$0.00
▲ UP 29.73% (0.00)

KEY STATISTICS

Market Cap$194.76 M
52w High$0.34
52w Low$0.00
Dividend Yield—
Frequency—
P/E—
Volume67.30K
Shares Out.105.39M

COMPANY

LEADERSHIP

Rajat Marwah
CHIEF EXECUTIVE
Rajat Marwah

ABOUT

SECTOR
Basic Materials
WENT PUBLIC
March 6, 2026
METHOD OF GOING PUBLIC
SPAC
FULL TIME EMPLOYEES
2,400

UPCOMING EARNINGS

DateNov 4, 2026
DayWednesday
Rev. Est.$156.82M
NOV
4
WED

ETFS HOLDING THIS STOCK

ETFS HOLDING
1
LISTED HERE
1
RANKED BY POSITION SIZE
PDN
0.07%
54.3K

INSTITUTIONAL OWNERSHIP

SHARES OWNED
6.03%
HOLDERS
35
TOP 8 OF 35 · RANKED BY POSITION SIZE
Lmr Partners Llp
2.8M sh
$210.66K
Aristeia Capital LLC
905.7K sh
$138.8K
K2 Principal Fund, L.P.
690.9K sh
$62.18K
D. E. Shaw & Co., Inc.
557.7K sh
$47.41K
Aequim Alternative Investments LP
414.2K sh
$63.58K
Highline Capital Management, L.P.
406.0K sh
$390K
Castleknight Management LP
290.0K sh
$44.52K
Sonic Fund Ii, L.P.
280.0K sh
$269K

PRICE

$0.00 ▲ UP 29.73% (+$0.00)
$0.00$0.00$0.00$0.00$0.01$0.019:30 AM10:34 AM11:38 AM12:42 PM1:45 PM2:49 PM3:53 PM0.00

About Algoma Steel Group Inc.

https://algoma.com ↗

Algoma Steel Group Inc., founded in 1901 and based in Sault Ste. Marie, Canada, produces and sells North American steel products—including flat, plate, and structural steels—for automotive, construction, transportation, and military industries.

INDUSTRY

Steel

A PRODUCT ALGOMA STEEL GROUP INC. IS KNOWN FOR

Hot and Cold-Rolled Steel Sheet and Plate
Hot and Cold-Rolled Steel Sheet and Plate

Algoma Steel produces hot and cold-rolled steel sheets and plates for industries like automotive and construction, focusing on transitioning to EAF steelmaking to produce environmentally friendly, low-carbon 'green steel.'

COMPETITORS

COMPETITOR
CLF COMPARE
CMC COMPARE
NUE COMPARE
STLD COMPARE

Algoma Steel Group in 2025

SENTIMENT: − NEGATIVE
Donald Trump
RESTRUCTURING · DECEMBER 2025

Algoma Steel to Lay Off Approximately 1,000 Employees Amidst Accelerated Transition to Electric Arc Furnace Steelmaking

Algoma Steel announced on December 1, 2025, that it would be laying off approximately 1,000 employees, effective March 23, 2026. The company attributed this decision to the accelerated shutdown of its blast furnace and coke-making operations, a move expedited by what it described as 'unprecedented US tariffs' that have fundamentally altered its competitive position.

OPERATIONAL · DECEMBER 2025 · IN PROGRESS

Algoma Steel Accelerates Transition to Electric Arc Furnace Production, Announcing Major Restructuring and Layoffs

In response to significant market pressures, primarily U.S. steel tariffs, Algoma Steel announced a significant acceleration of its transition to Electric Arc Furnace (EAF) steelmaking. This strategic pivot includes the permanent shutdown of its traditional blast furnace and coke-making operations and resulted in the layoff of approximately 1,000 employees. This move is intended to fundamentally lower the company's cost structure and carbon footprint, positioning it as a producer of 'green steel'.

RATINGS SNAPSHOT

Overall rating: B-

DCFROEROAD/EP/EP/B
Discounted Cash Flow5
Return On Equity1
Return On Assets1
Debt To Equity1
Price To Earnings1
Price To Book5
Overall Score2

SECTORS PEERS

PEERPRICE
ELBM$0.51COMPARE
INHD$3.29COMPARE
ZKIN$1.89COMPARE
HUDI$0.71COMPARE
SEED$0.75COMPARE
BGL$0.20COMPARE
SNES$0.84COMPARE
YMAT$1.40COMPARE