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Algoma Steel Group Inc.ASTL
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Algoma Steel Group Inc. produces and sells steel products primarily in North America.

The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications.

Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.

Latest News >
Punjab farmers' unions slams Centre, calls ban on wheat exports 'anti-farmer' move
Punjab farmers' unions slams Centre, calls ban on wheat exports 'anti-farmer' move
May 16, 2022
Farmers’ unions in Punjab also slammed the Centre for not announcing a bonus of Rs 500 per quintal of wheat, as demanded by them to compensate the drop in the yield on account of shrivelled grains due to intense heat wave in March.
India's consumer price inflation breaks RBI's comfort level fourth month in a row
India's consumer price inflation breaks RBI's comfort level fourth month in a row
May 12, 2022
Retail inflation soared to an eight-year high of 7.79 percent in April on annual basis mainly due to stubbornly high food prices, remaining above the RBI's upper tolerance level for the fourth month in a row.
RBI's move to raise interest rates, likelihood of a good monsoon will help contain inflation: CII President
RBI's move to raise interest rates, likelihood of a good monsoon will help contain inflation: CII President
May 16, 2022
Sanjiv Bajaj, the newly-elected President of the Confederation of Indian Industry (CII), said various factors combined with the hope of a strong monsoon should ease the situation by the second half of the year for policymakers to decide where inflation and interest rates move.
Inflation rise due to impact of Russia-Ukraine war; RBI may hike rates by 75 bps: SBI Economists
Inflation rise due to impact of Russia-Ukraine war; RBI may hike rates by 75 bps: SBI Economists
May 16, 2022
SBI economists conducted a study of the Russian invasion's impact on inflation. Using February as the base case, the study revealed that due to the war alone, food and beverages, fuel, light and transport contributed 52 percent of the increase in inflation, while another 7 percent came from the jump in input prices for the FMCG sector. The economists also said the RBI was set to hike rates by another 0.75 percent to get the repo rate back to 5.15 percent, which was the pre-pandemic level.
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