Algoma Steel Group Inc

More Details of Algoma Steel Group Inc Company

Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. The Company offers a wide range of steel plate products, which include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip, and The Heavies. Its sheet products include Hot Rolled Sheet - DSPC, AR200, and Cold Rolled Sheet. The Company has a raw steel production capacity of an estimated over 2.8 million liquid tons per year. Its Direct Strip Production Complex is a continuous casting and rolling mill, producing high-quality hot-rolled sheet steel directly from liquid steel. The Company also generates by-products from its operations.

Company Info

Ticker SymbolASTL

Company nameAlgoma Steel Group Inc

IPO dateSep 19, 2022

Founded at2021

CEOMr. Michael Dennis Garcia

Number of employees- -

Security typeOrdinary Share

Fiscal year-end- -

Address105 West Street

CitySAULT STE. MARIE

Stock exchangeNASDAQ Global Market Consolidated

CountryCanada

Postal codeP6A 7B4

Phone17059452351

Websitehttps://www.algoma.com/

Ticker SymbolASTL

IPO dateSep 19, 2022

Founded at2021

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Eric Stuart Rosenfeld

Independent Director

2.12M

+1.77%

Mr. Rajat Marwah

Chief Financial Officer

573.53K

--

Mr. Mark Patrick Nogalo

Vice President - Strategic Transformation

491.40K

--

Mr. David Daniel Sgro

Independent Director

487.37K

+1.13%

Mr. Michael Moraca

Vice President - Corporate Development and Treasurer

5.14K

+282.53%

Mr. James C. Gouin

Independent Director

--

Mr. Michael Dennis Garcia

Chief Executive Officer, Director

--

Mr. Michael Panzeri

Senior Vice President - Production

--

Ms. Gale Rubenstein

Independent Director

--

Ms. Mary Anne Bueschkens, J.D.

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Eric Stuart Rosenfeld

Independent Director

2.12M

+1.77%

Mr. Rajat Marwah

Chief Financial Officer

573.53K

--

Mr. Mark Patrick Nogalo

Vice President - Strategic Transformation

491.40K

--

Mr. David Daniel Sgro

Independent Director

487.37K

+1.13%

Mr. Michael Moraca

Vice President - Corporate Development and Treasurer

5.14K

+282.53%

Mr. James C. Gouin

Independent Director

--

Revenue Breakdown

Currency: CADUpdated: Wed, Mar 5

FY2025Q2

FY2025Q1

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2021

FY2020

FY2019

No Data

By RegionCAD

Name

Revenue

Proportion

United States

362.40M

60.37%

Canada

228.80M

38.11%

Rest of the world

9.10M

1.52%

By Business

By Region

No Data

Shareholding Stats

Updated: Fri, May 16

Shareholders

Shareholder Types

Shareholders

Proportion

Donald Smith & Co., Inc.

7.71%

Maple Rock Capital Partners, Inc.

7.20%

MMCAP Asset Management

6.33%

Stoney Lonesome HF LP

5.20%

Zekelman Industries Inc

4.98%

Other

68.58%

Shareholders

Proportion

Donald Smith & Co., Inc.

7.71%

Maple Rock Capital Partners, Inc.

7.20%

MMCAP Asset Management

6.33%

Stoney Lonesome HF LP

5.20%

Zekelman Industries Inc

4.98%

Other

68.58%

Shareholder Types

Shareholders

Proportion

Hedge Fund

27.38%

Investment Advisor

26.83%

Investment Advisor/Hedge Fund

15.77%

Corporation

10.19%

Individual Investor

6.61%

Private Equity

2.97%

Research Firm

1.99%

Pension Fund

0.27%

Bank and Trust

0.24%

Other

7.76%

Institutional Shareholding

Updated: Mon, Mar 3

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

284

95.51M

91.05%

+2.17M

2024Q4

298

95.09M

91.06%

-7.42M

2024Q3

296

90.06M

86.25%

-11.57M

2024Q2

300

82.96M

79.63%

-44.44M

2024Q1

296

83.63M

80.33%

-42.55M

2023Q4

303

84.72M

81.06%

-34.05M

2023Q3

307

81.49M

77.71%

-38.55M

2023Q2

319

81.33M

77.58%

-41.30M

2023Q1

319

80.02M

76.30%

-43.49M

2022Q4

307

87.26M

83.29%

-27.17M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

Donald Smith & Co., Inc.

8.07M

7.73%

+4.74K

+0.06%

Dec 31, 2024

Maple Rock Capital Partners, Inc.

6.09M

5.83%

--

Dec 31, 2024

MMCAP Asset Management

6.62M

6.34%

-377.32K

-5.39%

Dec 31, 2024

Zekelman Industries Inc

5.23M

5.01%

+5.23M

--

Jul 25, 2024

Fidelity Management & Research Company LLC

4.14M

3.96%

+698.81K

+20.31%

Dec 31, 2024

Contrarian Capital Management, LLC

3.57M

3.42%

-51.18K

-1.41%

Dec 31, 2024

Invesco Advisers, Inc.

3.24M

3.1%

-148.00

-0.00%

Dec 31, 2024

Scheer, Rowlett & Associates Investment Management Ltd.

2.18M

2.09%

+22.05K

+1.02%

Dec 31, 2024

BlackRock Financial Management, Inc.

2.57M

2.46%

+4.04K

+0.16%

Dec 31, 2024

Related ETFs

Updated: Fri, Jun 6

Name

Proportion

VanEck Steel ETF

0.55%

iShares US Infrastructure ETF

0.47%

Invesco RAFI Developed Mkts ex-US SM ETF

0.06%

Schwab Fundamental International Small Equity ETF

0.05%

iShares MSCI Global Metals & Mining Producers ETF

0.05%

Avantis International Small Cap Equity ETF

0.02%

iShares US Small-Cap Equity Factor ETF

0.01%

Avantis International Small Cap Value ETF

0.01%

DFA Dimensional International Small Cap Value ETF

0%

Dimensional International Core Equity Market ETF

0%

VanEck Steel ETF

Proportion0.55%

iShares US Infrastructure ETF

Proportion0.47%

Invesco RAFI Developed Mkts ex-US SM ETF

Proportion0.06%

Schwab Fundamental International Small Equity ETF

Proportion0.05%

iShares MSCI Global Metals & Mining Producers ETF

Proportion0.05%

Avantis International Small Cap Equity ETF

Proportion0.02%

iShares US Small-Cap Equity Factor ETF

Proportion0.01%

Avantis International Small Cap Value ETF

Proportion0.01%

DFA Dimensional International Small Cap Value ETF

Proportion0%

Dimensional International Core Equity Market ETF

Proportion0%

Dividend

A total of 67.90M USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Mar 13, 2025

ASTL.NB Interim Cash Dividend of gross USD 0.05 paid on Apr 10, 2025 going ex on Mar 21, 2025

Mar 21, 2025

Apr 10, 2025

Mar 21, 2025

Nov 07, 2024

ASTL.NB Final Cash Dividend of gross USD 0.05 paid on Dec 27, 2024 going ex on Nov 27, 2024

Nov 27, 2024

Dec 27, 2024

Nov 27, 2024

Aug 14, 2024

ASTL.NB Interim Cash Dividend of gross USD 0.05 paid on Sep 27, 2024 going ex on Aug 23, 2024

Aug 23, 2024

Sep 27, 2024

Aug 23, 2024

Jun 24, 2024

ASTL.NB Interim Cash Dividend of gross USD 0.05 paid on Jul 19, 2024 going ex on Jul 02, 2024

Jul 02, 2024

Jul 19, 2024

Jul 02, 2024

Feb 07, 2024

ASTL.NB Interim Cash Dividend of gross USD 0.05 paid on Mar 28, 2024 going ex on Feb 28, 2024

Feb 29, 2024

Mar 28, 2024

Feb 28, 2024

Nov 03, 2023

ASTL.NB Final Cash Dividend of gross USD 0.05 paid on Dec 29, 2023 going ex on Nov 29, 2023

Nov 30, 2023

Dec 29, 2023

Nov 29, 2023

Aug 10, 2023

ASTL.NB Interim Cash Dividend of gross USD 0.05 paid on Sep 29, 2023 going ex on Aug 24, 2023

Aug 25, 2023

Sep 29, 2023

Aug 24, 2023

Jun 22, 2023

ASTL.NB Interim Cash Dividend of gross USD 0.05 paid on Jul 24, 2023 going ex on Jul 03, 2023

Jul 05, 2023

Jul 24, 2023

Jul 03, 2023

Feb 14, 2023

ASTL.NB Interim Cash Dividend of gross USD 0.05 paid on Mar 31, 2023 going ex on Feb 27, 2023

Feb 28, 2023

Mar 31, 2023

Feb 27, 2023

Nov 07, 2022

ASTL.NB Final Cash Dividend of gross USD 0.05 paid on Dec 30, 2022 going ex on Nov 29, 2022

Nov 30, 2022

Dec 30, 2022

Nov 29, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

6.800USD

Algoma Steel Group Inc

6.800

Overview

Company