ASTL
Algoma Steel Group Inc.
ASTL
4.43USD
+3.75%
Sep 23, 2026
Price
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Price Action
No clear price read
Longer-term context reads early recovery, with a near-term setup of daily reclaim.
EntryReset + recovery
The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.
Key Financials
- Market Cap
- $449.1M
- Avg Volume (60D)
- 1.2M
- Revenue Growth YoY
- -32.3%
- Gross Margin
- -47.4%
- Operating Margin
- -54.3%
- Distance from 200DMA
- +0.2%
- Next Earnings
- 2026-10-27
- EV / Sales
- 1.0x
60 sessions
Trailing twelve months
Trailing twelve months
Trailing twelve months
Market metrics as of Sep 22, 2026
Fundamentals & Valuation
The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
Algoma Steel Group Inc. has a Fair valuation stance because the price broadly reflects how its multiples compare with businesses of the same kind, with upside and risk reasonably balanced.
Company Research
Thesis
Algoma is a Canadian producer of discrete plate and hot-rolled sheet that has completed its transition from blast-furnace/basic-oxygen-furnace production to electric-arc-furnace steelmaking and is ramping its second EAF unit.
Opportunity
Limited opportunity
Steelmakers’ investment in electric-arc-furnace production, recycled-metal inputs, and lower-emissions process routes to supply flat and plate steel into industrial, infrastructure, and security-sensitive end markets.
Key risk
Volatility in steel prices and demand.
Narrative & Theme
Industrial Decarbonization
Part of Low-Emissions Flat and Plate Steel, with limited fit.
Algoma has genuine direct exposure to the low-emissions-steel transition because its operating model has moved entirely to EAF steelmaking.
Narrative HeatNeutral5.7 / 10
Theme HeatNeutral5.1 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.
Business & Markets
Basic Materials · Steel
What they do
Algoma Steel Group Inc. produces and sells steel products primarily in Canada, the United States, and internationally, focusing on flat/sheet and plate steel products for various industrial applications.
How it earns
The company generates revenue through transactional sales of steel products to industrial customers.
Products & services
Flat/sheet steel products
Plate steel products
Customers & end markets
Automotive industry
Construction industry
Railcar manufacturing
Light manufacturing
Transportation industries
Market position
Operates as a commodity steel producer competing in North American and international markets.
Demand drivers
High cyclicality
Steel demand is closely tied to economic cycles and industrial activity.