Company Algoma Steel Group Inc.

Equities

ASTL

CA0156581070

Iron & Steel

Market Closed - Nasdaq 16:00:00 2024-05-01 EDT 5-day change 1st Jan Change
7.65 USD 0.00% Intraday chart for Algoma Steel Group Inc. -0.78% -23.73%

Business Summary

Algoma Steel Group Inc. (Algoma) is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. The Company is a key supplier of steel products to customers in North America and is the only producer of discrete plate products in Canada. Its plate products include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip and The Heavies. Its plate products include Hot Rolled Sheet - DSPC, Hot Rolled Sheet - 106'' Mill, AR200, Cold Rolled and Floor Plate. The Company has a raw steel production capacity of an estimated 2.8 million tons per year. Its Direct Strip Production Complex is a thin slab caster coupled with direct hot rolling in North America. In addition, its heat-treated plate facility provides a full range of heat-treated products for abrasion resistant, ballistic and other specialty plate applications.

Number of employees: 2,847

Sales per Business

CAD in Million2022Weight2023Weight Delta
Sheet & Strip
77.8 %
3,083 81.0 % 2,161 77.8 % -29.90%
Plate
13.9 %
466 12.2 % 387 13.9 % -16.81%
Freight
6.6 %
173 4.5 % 182 6.6 % +5.49%
Non-steel
1.7 %
84 2.2 % 46 1.7 % -45.43%
Slab
0.1 %
- - 1 0.1 % -

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
61.5 %
2,399 63.0 % 1,708 61.5 % -28.78%
Canada
37.1 %
1,313 34.5 % 1,031 37.1 % -21.50%
Rest of the World
1.4 %
95 2.5 % 40 1.4 % -57.87%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 22-05-31
Director of Finance/CFO 50 21-10-18
Director/Board Member 67 21-10-18
Investor Relations Contact - 06-04-30
Corporate Officer/Principal - -
Corporate Officer/Principal - 23-06-20
Human Resources Officer - 23-02-28
Corporate Officer/Principal 68 -
General Counsel 57 -
Corporate Officer/Principal 60 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 21-10-18
Director/Board Member 64 21-10-20
Director/Board Member 47 21-10-18
Director/Board Member 62 22-09-19
Director/Board Member 71 21-10-20
Director/Board Member 67 21-10-18
Chief Executive Officer 59 22-05-31
Director/Board Member 63 21-10-20
Chairman 69 21-10-18
Director/Board Member - 22-09-19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 104,038,495 95,692,859 ( 91.98 %) 0 91.98 %

Shareholders

NameEquities%Valuation
Donald Smith & Co., Inc.
9.250 %
9,623,479 9.250 % 82 M $
Donald Smith & Co., Inc.
9.250 %
9,623,479 9.250 % 82 M $
MM Asset Management, Inc.
6.493 %
6,755,722 6.493 % 57 M $
Maple Rock Capital Partners, Inc.
5.856 %
6,092,091 5.856 % 52 M $
Maple Rock Capital Partners, Inc.
5.856 %
6,092,091 5.856 % 52 M $
Contrarian Capital Management LLC
4.291 %
4,464,223 4.291 % 38 M $
Contrarian Capital Management LLC
4.291 %
4,464,223 4.291 % 38 M $
3,663,962 3.522 % 31 M $
Millennium Management LLC
3.069 %
3,192,896 3.069 % 27 M $
MMCAP International Inc. SPC
2.969 %
3,088,960 2.969 % 26 M $
NameEquities%Valuation
Aristeia Capital LLC
-
2,741,949 - 4 M $
LMR Partners LLP
-
2,725,156 - 4 M $
D.E. Shaw & Co., Inc.
-
506,391 - 693 756 $
Aequim Alternative Investments LP
-
414,191 - 567 442 $
Walleye Capital LLC
-
403,760 - 553 151 $
Fort Baker Capital Management LP
-
370,984 - 508 248 $
JPMorgan Investment Management, Inc.
-
362,647 - 496 826 $
Sonic GP LLC
-
279,995 - 383 593 $
RBC Dominion Securities, Inc.
-
171,946 - 235 566 $
Cowen & Co. LLC
-
141,934 - 194 450 $

Company contact information

Algoma Steel Group, Inc.

105 West Street

P6A 7B4, Sault Ste. Marie

+

http://www.algoma.com
address Algoma Steel Group Inc.(ASTL)
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