Algoma Steel Group Inc (ASTL.TO) Buy, Sell or…

Home

Daily Stock Opinions and Ratings

Algoma Steel Group Inc (ASTL.TO)

5.68

-0.25 (4.22%)

as of Jun 24, 2026, 8:00:01 pm Market Open.

89 watching

Investor Insights

Jun 24, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Algoma Steel Group Inc. (ASTL) has garnered mixed reviews from experts, reflecting a challenging situation for the company. There is acknowledgment of the broader steel sector's potential, especially with the ETF making an all-time high. However, ASTL's individual performance raises concerns, as it is currently burning cash and navigating a tough business outlook. Factors such as the upcoming USMCA renewal and associated tariff discussions add an element of speculation to the investment outlook, making it a choice that lacks dividends and sleep-at-night assurances. Overall, while the steel sector appears interesting, ASTL may not be the top pick, suggesting that investors should proceed with caution and weigh the company's performance against the sector.

Consensus

Caution

Valuation

Undervalued

Similar

Nucor, NUE

TOP PICK

Fixed all their problems. Steel prices are getting higher. 5x earnings, and less than 2x cash flow. Upside.

Wealthica Track your Stocks in your Watch List

DON'T BUY

Book value is around $15. Stock price could go higher, but if Stelco goes bankrupt, are they going to dump some of their steel, will the government have to step in, etc.? Cut back your holdings and watch.

BUY

Steel prices are increasing. A very interesting sector.

BUY

Cheap stock. Rising steel prices. Massive leverage. Concerns on relining blast furnace and debt situations have been put on hold. Should be smooth sailing going forward.

DON'T BUY

Expected to lose money in the next 2 quarters. Not a well run steel company.

DON'T BUY

Steels give an opportunity to participate in economic growth.Shipping costs are expensive compared to other companies.Have a cost issue going forward re labor costs.

WEAK BUY

Its worth having a look at.An under loved stock.Strong management.Just looking at it now.

DON'T BUY

Steel industry is a difficult place to be now.

DON'T BUY

A heart breaker stock. Not a buy & hold situation. Bounced off the bottom in June, but has tech resistance on its 50 day moving average. Excess steel capacity.

DON'T BUY

Would avoid every steel stock except for Dofasco.

DON'T BUY

He's done poorly in steels over the years. Could be in for a tough haul.

DON'T BUY

He's done poorly in steels over the years. Could be in for a tough haul.

DON'T BUY

Cdn$ has hurt the Cdn steel producers. A high risk play. US steels will do better.

WEAK BUY

Book value is around $14/15. Earnings around $3.50 level. Strong Cdn$ hurts. Cheap.

DON'T BUY

Direction of steel prices is heading down because of import pressure and the auto industry.

Showing 91 to 105 of 121 entries

Most Recent Experts

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Brendan Caldwell

Caldwell Securities

Liz Young, Head of investment strategy at SoFi

SoFi

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Joe Terranova

Virtus Investment Partners

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Algoma Steel Group Inc (ASTL.TO)