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Algoma Resumes Normal Steel Production
Newsfilter· 2024-02-14 22:30
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 ...
Algoma Addresses Casthouse Incident
Newsfilter· 2024-02-09 14:27
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 (ASTL) - 2024 Q3 - Earnings Call Transcript
2024-02-07 19:54
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 ...
Algoma Steel (ASTL) - 2024 Q3 - Earnings Call Presentation
2024-02-07 15:48
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 ...
Algoma Steel Group Reports Fiscal Third Quarter 2024 Financial Results
Newsfilter· 2024-02-06 22:30
Steel Shipments and Adjusted EBITDA In-line with Previously Announced Expectations Delivered Year-over-year Improvement Across Nearly All Metrics Provides Further Update on Coke-Making Utilities Structure Collapse Reiterated Outlook on Transformative EAF Project with $509.9 Million Invested to Date and 86% of Anticipated Costs Under Contract SAULT STE. MARIE, Ontario, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma" or "the Company"), a leading Canadian producer of ...
Algoma Steel (ASTL) - 2024 Q3 - Quarterly Report
2024-02-06 16:00
Exhibit 99.3 Condensed Interim Consolidated Financial Statements ALGOMA STEEL GROUP INC. (Unaudited) As at December 31, 2023 and March 31, 2023 and for the three and nine month periods ended December 31, 2023 and 2022 Algoma Steel Group Inc. Condensed Interim Consolidated Statements of Net (Loss) Income (Unaudited) | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------|-------|--------------------------------|--------- ...
Algoma Steel to Announce Fiscal 2024 Third Quarter Results February 6, 2024
Newsfilter· 2024-01-29 22:30
SAULT STE. MARIE, Ontario, Jan. 29, 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 third quarter financial results after the market closes on Tuesday, February 6, 2024. A webcast and conference call will be held on Wednesday, February 7, 2024 at 11:00 a.m. Eastern Time to review the Company's results, discuss r ...
Algoma Steel to Announce Fiscal 2024 Third Quarter Results February 6, 2024
GlobeNewsWire· 2024-01-29 22:30
SAULT STE. MARIE, Ontario, Jan. 29, 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 third quarter financial results after the market closes on Tuesday, February 6, 2024. A webcast and conference call will be held on Wednesday, February 7, 2024 at 11:00 a.m. Eastern Time to review the Company’s results, discuss ...
Algoma Steel Provides Update on Incident at Coke-Making Plant
Newsfilter· 2024-01-23 12:15
SAULT STE. MARIE, Ontario, Jan. 23, 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 provided an update further to the incident on Saturday, January 20 at its coke-making plant when a structure supporting utilities piping collapsed. Algoma advised that the water-related environmental release was fully contained by the evening of January 20, with most of the effluent b ...
Algoma Steel Reports Incident at Coke-Making Plant
Newsfilter· 2024-01-20 21:00
SAULT STE. MARIE, Ontario, Jan. 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 that in the early hours of Saturday, January 20, 2024 there was a collapse of a structure supporting utilities piping at our coke-making plant. There have been no injuries and the Algoma team is managing the occurrence with the safety of our employees and the community as ou ...