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Algoma Steel Announces First Arc and First Steel Production from its New Electric Arc Furnace Unit One
Globenewswire· 2025-07-10 11:30
SAULT STE. MARIE, Ontario, July 10, 2025 (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 it has achieved its first steel production at Unit One of its new, state-of-the-art electric arc furnace (“EAF”) project. The milestone follows over ten days of successful electric arc testing and tuning, including individual and tandem tests of all nine Q-One transfo ...
C3is (CISS) - 2025 Q1 - Earnings Call Transcript
2025-05-15 15:02
C3is (CISS) Q1 2025 Earnings Call May 15, 2025 10:00 AM ET Company Participants Diamantis Andriotis - CEO, President & DirectorNina Pyndiah - Chief Financial Officer Diamantis Andriotis Good morning, everyone, and welcome to our CPIS First Quarter of twenty twenty five Earnings Conference Call and Webcast. This is Doctor. Yamadis Andrioti, CEO of the company. Joining me on the call today is our CFO, Ninap India. Before we commence our presentation, I would like to remind you that we will be discussing forwa ...
C3is (CISS) - 2025 Q1 - Earnings Call Transcript
2025-05-15 15:00
C3is (CISS) Q1 2025 Earnings Call May 15, 2025 10:00 AM ET Speaker0 Good morning, everyone, and welcome to our CPIS First Quarter of twenty twenty five Earnings Conference Call and Webcast. This is Doctor. Yamadis Andrioti, CEO of the company. Joining me on the call today is our CFO, Ninap India. Before we commence our presentation, I would like to remind you that we will be discussing forward looking statements, which reflect current views with respect to future events and financial performance and are bas ...
Algoma Steel Group Reports Financial Results for the First Quarter 2025
Globenewswire· 2025-04-29 21:30
Consolidated Revenue of $517.1 Million Shipments of 470K Tons, with an 11% Quarter over Quarter increase in Plate Product Shipments, at 91K Tons Net Loss of $24.5 Million and Adjusted EBITDA Loss of $46.7 Million, Including a $50 Million Insurance Proceeds Receivable First Steel Production from Transformative Electric Arc Furnace (“EAF”) Expected During Q2 2025 With no Material Change in Both Total Project Cost and 2025 EAF Production Expectations SAULT STE. MARIE, Ontario, April 29, 2025 (GLOBE NEWSWIRE) ...
Algoma Steel to Announce 2025 First Quarter Results April 29, 2025
Newsfilter· 2025-04-22 21:30
Core Viewpoint - Algoma Steel Group Inc. is set to release its first quarter financial results for 2025 on April 29, 2025, followed by a conference call on April 30, 2025, to discuss the results and recent developments [1][2]. Company Overview - Algoma Steel, based in Sault Ste. Marie, Ontario, is a leading Canadian producer of hot and cold rolled steel products, including sheet and plate [3]. - The company aims to provide customer-driven product solutions across various sectors such as automotive, construction, energy, defense, and manufacturing [3]. - Algoma is the only producer of discrete plate products in Canada and operates one of the lowest-cost hot rolled sheet steel producers in North America through its Direct Strip Production Complex [3]. Transformation and Sustainability - Algoma is undergoing a transformation by modernizing its plate mill and adopting electric arc technology, which focuses on recycling and environmental stewardship to reduce carbon emissions significantly [4]. - The company is committed to investing in its workforce and processes to become a leading producer of green steel in North America [4][5].