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

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Algoma Steel Group Inc (ASTL.TO)

5.55

-0.85 (13.28%)

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

88 watching

Investor Insights

Aug 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) presents a complex investment case, with opinions varying among experts. Some highlight that the company's situation is turning around but caution about its cash burn. The upcoming renewal of the USMCA adds a speculative layer to the investment, particularly regarding potential tariff adjustments that may impact the steel sector. While the overall steel sector is gaining attention, represented by its ETF SLX reaching new highs, ASTL is not seen as the top pick among competitors. The current business outlook for Algoma Steel is described as grim, yet some analysts are tempted by the potential for recovery during such challenging times. Consequently, investors need to weigh the risks against possible rewards in this unpredictable landscape.

Consensus

Cautious

Valuation

Undervalued

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NTC-T

TOP PICK

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

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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

Rick Rule

Rule Investment Media

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Rob Sechan, Managing Partner, New Edge Capital

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Jenny Harrington, CEO, Gilman Hill Asset Management

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Algoma Steel Group Inc (ASTL.TO)