Algoma Steel (ASTL) - 2024 Q1 - Quarterly Report

Exhibit 99.1 MEDIA RELEASE June 21, 2023 Algoma Steel Group Reports Fiscal Fourth Quarter and Full Year 2023 Financial Results Fourth Quarter Results In-Line with Previously Announced Expectations Plate and Strip Operations Running at Normal Production Levels Planned Plate Capacity Increase Ahead of Schedule Further Strengthened Liquidity with Recently Upsized ABL Credit Facility Updated Outlook on Transformative EAF Project Strong Financial Outlook for Q1 Fiscal 2024 SAULT STE. MARIE, ONTARIO (June 21, 202 ...