Fourth Quarter Results In-Line with Previously Announced Expectations Plate and Strip Operations Running at Planned Production Levels Reaffirmed Outlook on Transformative Electric Arc Furnace (EAF) Project Provides Outlook for Q1 Fiscal 2025 Further Strengthened Liquidity with US$350 Million Senior Secured Second Lien Note Financing SAULT STE. MARIE, Ontario, June 20, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot an ...

Plate and Strip Operations Running at Planned Production Levels Reaffirmed Outlook on Transformative Electric Arc Furnace (EAF) Project Provides Outlook for Q1 Fiscal 2025 Further Strengthened Liquidity with US$350 Million Senior Secured Second Lien Note Financing SAULT STE. MARIE, Ontario, June 20, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) ("Algoma" or "the Company"), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results ...

SAULT STE. MARIE, June 11, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma"), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that it has appointed Erin Oliver in a newly created role of Vice President - Health and Safety. Erin will report to CEO Mike Garcia and sit on the Company's senior leadership team. Originally from Sault Ste. Marie, Erin is a seasoned Health and Safety professional with over 25 years of experience an ...

SAULT STE. MARIE, Ontario, June 06, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2024 fourth quarter and full year financial results after the market closes on Thursday, June 20, 2024. A webcast and conference call will be held on Friday, June 21, 2024 at 11:00 a.m. Eastern Time to review the Company’s results, ...

SAULT STE. MARIE, Ontario, June 06, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2024 fourth quarter and full year financial results after the market closes on Thursday, June 20, 2024. A webcast and conference call will be held on Friday, June 21, 2024 at 11:00 a.m. Eastern Time to review the Company’s results, ...

SAULT STE. MARIE, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma" or "the Company"), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today advised the repair and restart of its blast furnace is complete and steel production resumed on Sunday, February 11, 2024. Algoma has strengthened its operations while advancing essential repair work required after a structure supporting utilities piping at Algoma's coke-making plant ...

SAULT STE. MARIE, Ontario, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma" or "the Company"), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today advised that at approximately 10:00 pm on Wednesday, February 7 there was an incident at the north casthouse of the blast furnace complex where the Company believes slag made contact with moisture in the hot iron trough. Twelve workers were impacted by the incident and five were treat ...

Algoma Steel Group Inc. (NASDAQ:ASTL) Q3 2024 Earnings Conference Call February 7, 2024 11:00 AM ET Company Participants Mike Moraca - Treasurer & Investor Relations Officer Michael Garcia - Chief Executive Officer Rajat Marwah - Chief Financial Officer Conference Call Participants David Ocampo - Cormark Securities Katja Jancic - BMO Capital Markets Ian Gillies - Stifel Ahmad Shaath - Beacon Securities Lucas Pipes - B. Riley Securities Operator Hello, and welcome to today's conference call to discuss Algoma ...

Earnings Call Presentation For the Quarter ended December 31st, 2023 NASDAQ:ASTL TSX: ASTL February 7th, 2024 in Canadian dollars unless otherwise noted Disclaimer CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This presentation contains "forward-looking information" under applicable Canadian securities legislation and "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, "forward looking statements"). Forward-looking statement ...

公司业绩 - Algoma Steel Group Inc.宣布2023年12月31日结束的第三季度财务结果[1] - 第三季度营收为6.154亿加元，较去年同期的5.678亿加元有所增长[2] - 第三季度调整后的EBITDA为负1百万加元，较去年同期的负3,590万加元有所改善[4] - 第三季度现金流为负4,740万加元，较去年同期的负1,286万加元有所改善[5] - 公司在1月20日的焦化厂设施倒塌事件后，已完成必要维修工作，并逐步恢复高炉生产[6] 公司发展 - 公司CEO Michael Garcia表示，第三季度的业绩符合之前公布的预期，市场基本面改善，预计将对价格实现产生积极影响[7] - 公司的EAF项目进展顺利，截至2023年12月31日，已投资总额达5.099亿加元，预计将于2024年底开始投产[8] - Algoma正在进行转型，现代化其板材厂并采用电弧技术，以显著降低碳排放[28] - Algoma作为社区的创始行业，正在利用其丰富的钢铁制造传统，为北美提供安全的钢铁供应和可持续的未来[29] 财务信息 - 公司宣布每股派息0.05美元，将于2024年3月29日支付给股东[18] - Algoma的资产总额为2,651.6百万加元，其中包括现金、应收账款、存货、固定资产等[30] - Algoma在2023年第四季度实现615.4百万加元的收入，但经营亏损36.9百万加元[32] - Algoma的调整后EBITDA为271.1百万加元，调整后EBITDA边际为12.5%[34] 联系方式 - 欲了解更多信息，请联系Algoma Steel Group Inc.的财务和投资关系官员Michael Moraca[36]