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Algoma Steel to Announce Results for the Three and Nine Months Ended December 31, 2024 on March 12, 2025
ASTLAlgoma Steel (ASTL) Newsfilter·2025-02-27 22:30

Core Viewpoint - Algoma Steel Group Inc. will release its financial results for the three and nine months ended December 31, 2024, on March 12, 2025, following a change in its fiscal year end from March 31 to December 31 [1] Financial Results Announcement - The financial results will be announced after market close on March 12, 2025, with a subsequent conference call scheduled for March 13, 2025, at 11:00 a.m. Eastern Time [1] - The conference call will include a review of the results, discussion of recent events, and a question-and-answer session [1] Company Overview - Algoma Steel is a fully integrated producer of hot and cold rolled steel products, including sheet and plate, based in Sault Ste. Marie, Ontario, Canada [3] - The company serves various sectors such as automotive, construction, energy, defense, and manufacturing, and is the only producer of discrete plate products in Canada [3] - Algoma's Direct Strip Production Complex is noted as one of the lowest-cost producers of hot rolled sheet steel in North America [3] Transformation and Sustainability Efforts - Algoma is modernizing its plate mill and adopting electric arc technology to lower carbon emissions and enhance environmental stewardship [4] - The company is focused on becoming one of North America's leading producers of green steel through investments in its people and processes [4] Community and Industry Position - As a founding industry in its community, Algoma aims to provide a secure steel supply and contribute to a sustainable future [5]