Canadian Measures to Support Steel Industry Look Positive for Algoma Steel -- Market Talk

Dow Jones

2025/11/27

1135 GMT - Canadian efforts aimed at supporting the country's steel industry promise to be positive for Algoma Steel, though the extent to which the measures support profitable steel pricing in Canada remains uncertain, RBC Capital Markets' James McGarragle says. The analyst says the government believes the measures will unlock over C$1 billion in new domestic steel demand, which compares with the consensus 2025 revenue forecast for Algoma of C$2.1B. McGarragle says that taking these numbers at face value, and assuming Algoma can capture 25% of the upside--which is roughly its percentage of Canadian capacity--implies solid upside potential to next year's estimates. RBC has a sector perform call and C$5.46 target on the stock. (robb.stewart@wsj.com)

(END) Dow Jones Newswires

November 27, 2025 06:35 ET (11:35 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2586687242"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2586687242\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2586687242?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-27 19:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586687242","market":"hk","top_or_hot":-1,"title":"Canadian Measures to Support Steel Industry Look Positive for Algoma Steel -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1135 GMT - Canadian efforts aimed at supporting the country's steel industry promise to be positive for <a href=\"https://laohu8.com/S/ASTL\">Algoma Steel</a>, though the extent to which the measures support profitable steel pricing in Canada remains uncertain, RBC Capital Markets' James McGarragle says. The analyst says the government believes the measures will unlock over C$1 billion in new domestic steel demand, which compares with the consensus 2025 revenue forecast for Algoma of C$2.1B. McGarragle says that taking these numbers at face value, and assuming Algoma can capture 25% of the upside--which is roughly its percentage of Canadian capacity--implies solid upside potential to next year's estimates. RBC has a sector perform call and C$5.46 target on the stock. (robb.stewart@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 27, 2025 06:35 ET (11:35 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canadian Measures to Support Steel Industry Look Positive for Algoma Steel -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanadian Measures to Support Steel Industry Look Positive for Algoma Steel -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-27 19:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1135 GMT - Canadian efforts aimed at supporting the country's steel industry promise to be positive for <a href=\"https://laohu8.com/S/ASTL\">Algoma Steel</a>, though the extent to which the measures support profitable steel pricing in Canada remains uncertain, RBC Capital Markets' James McGarragle says. The analyst says the government believes the measures will unlock over C$1 billion in new domestic steel demand, which compares with the consensus 2025 revenue forecast for Algoma of C$2.1B. McGarragle says that taking these numbers at face value, and assuming Algoma can capture 25% of the upside--which is roughly its percentage of Canadian capacity--implies solid upside potential to next year's estimates. RBC has a sector perform call and C$5.46 target on the stock. (robb.stewart@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 27, 2025 06:35 ET (11:35 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASTLW","symbol_name":"Algoma Steel Inc. WTS","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2586687242","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586687242","pubTimestamp":1764243300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1135 GMT - Canadian efforts aimed at supporting the country's steel industry promise to be positive for Algoma Steel, though the extent to which the measures support profitable steel pricing in Canada remains uncertain, RBC Capital Markets' James McGarragle says. The analyst says the government believes the measures will unlock over C$1 billion in new domestic steel demand, which compares with the consensus 2025 revenue forecast for Algoma of C$2.1B. McGarragle says that taking these numbers at face value, and assuming Algoma can capture 25% of the upside--which is roughly its percentage of Canadian capacity--implies solid upside potential to next year's estimates. RBC has a sector perform call and C$5.46 target on the stock. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ASTLW":"Algoma Steel Inc. WTS"},"translate_title":"加拿大支持钢铁行业的措施对阿尔戈马钢铁公司有利——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASTLW":1.5},"content_text":"1135 GMT - Canadian efforts aimed at supporting the country's steel industry promise to be positive for Algoma Steel, though the extent to which the measures support profitable steel pricing in Canada remains uncertain, RBC Capital Markets' James McGarragle says. The analyst says the government believes the measures will unlock over C$1 billion in new domestic steel demand, which compares with the consensus 2025 revenue forecast for Algoma of C$2.1B. McGarragle says that taking these numbers at face value, and assuming Algoma can capture 25% of the upside--which is roughly its percentage of Canadian capacity--implies solid upside potential to next year's estimates. RBC has a sector perform call and C$5.46 target on the stock. (robb.stewart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 27, 2025 06:35 ET (11:35 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}