Algoma Steel Group (NASDAQ:ASTLW – Get Free Report) is anticipated to issue its resultson Wednesday, July 29th. Analysts expect the company to post earnings of ($0.5974) per share and revenue of $205.5680 million for the quarter.
Algoma Steel Group Trading Down 3.4%
ASTLW stock opened at $0.01 on Wednesday. The company’s 50 day simple moving average is $0.03 and its 200-day simple moving average is $0.08. Algoma Steel Group has a 12 month low of $0.01 and a 12 month high of $0.44.
About Algoma Steel Group
Algoma Steel Group Inc operates as a fully integrated steel producer headquartered in Sault Ste. Marie, Ontario. The company’s primary business activities revolve around the manufacture of carbon steel products through a modern electric arc furnace steelmaking process. Algoma’s flagship facility combines melting, casting, and finishing operations to deliver a range of flat-rolled and long steel products to industrial customers.
Algoma’s product portfolio includes hot-rolled and cold-rolled coils, coated sheet, plate, rebar and merchant bar, as well as value-added services such as steel processing and inventory management.
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