| Algoma Steel Group Inc. (ASTL) Q1 2025 Earnings Call Transcript |
Algoma Steel Group Inc. (NASDAQ:ASTL ) Q1 2025 Results Conference Call April 30, 2025 10:00 AM ET Company Participants Michael Moraca - Vice President, Corporate Development and Treasurer Michael Garcia - Chief Executive Officer Rajat Marwah - Chief Financial Officer Conference Call Participants Katja Jancic - BMO Capital Markets David Ocampo - Cormark Securities Ian Gillies - Stifel James McGarragle - RBC Capital Markets Operator Greetings. Welcome to Algoma Steel Group Incorporated First Quarter 2025 Earnings Call. |
seekingalpha.com |
2025-04-30 21:11:10 |
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| Algoma Steel Group Reports Financial Results for the First Quarter 2025 |
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 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 for its first quarter ended March 31, 2025. |
globenewswire.com |
2025-04-29 21:30:00 |
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| Algoma Steel to Announce 2025 First Quarter Results April 29, 2025 |
SAULT STE. MARIE, Ontario, April 22, 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, announced today that the Company will release its 2025 first quarter financial results after the market closes on Tuesday, April 29, 2025. A webcast and conference call will be held on Wednesday, April 30, 2025 at 11:00 a.m. Eastern Time to review the Company's results, discuss recent events, and conduct a question-and-answer session. |
globenewswire.com |
2025-04-22 21:30:00 |
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| Algoma Steel Group Inc. (ASTL) Q3 2025 Earnings Call Transcript |
Algoma Steel Group Inc. (NASDAQ:ASTL ) Q3 2025 Earnings Conference Call March 13, 2025 11:00 AM ET Company Participants Mike Moraca - Vice President, Corporate Development and Treasurer 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 Operator Greetings, and welcome to Algoma Steel Group's Third Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. |
seekingalpha.com |
2025-03-13 23:04:14 |
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| Algoma Steel Warns of Effects of Tariffs on Operations |
The Canadian producer of hot- and cold-rolled-steel products said it is currently assessing the effect of the tariffs, after President Trump reinstated a blanket 25% tariff on steel imports. |
wsj.com |
2025-03-12 20:52:00 |
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| Algoma Steel Group Reports Financial Results for the Three and Nine Months Ended December 31, 2024 |
Calendar Fourth Quarter Results In-Line with Previously Announced Expectations Reaffirmed Outlook on Transformative Electric Arc Furnace (EAF) Project, Including First Arc in April SAULT STE. MARIE, Ontario, March 12, 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 results for the three and nine month periods ended December 31, 2024. |
globenewswire.com |
2025-03-12 19:30:00 |
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| Algoma Steel pauses exports of steel from Canada to US, CEO says |
Algoma Steel has paused exports of steel from Canada to the United States until Thursday, when Canadian ministers are expected to meet their U.S. counterparts in Washington, CEO Michael Garcia said. |
reuters.com |
2025-03-12 13:59:03 |
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| Algoma Steel CEO: 25% steel tariff would cause serious concern if in place for a long time |
Michael Garcia, Algoma Steel CEO, joins CNBC's 'Squawk on the Street' to discuss outlooks on trade, why his company has paused shipments to the U.S., and more. |
youtube.com |
2025-03-12 13:25:03 |
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| Algoma Steel to Announce Results for the Three and Nine Months Ended December 31, 2024 on March 12, 2025 |
SAULT STE. MARIE, Ontario, Feb. 27, 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, announced today that the Company will release its financial results for the three and nine months ended December 31, 2024 after the market closes on Wednesday, March 12, 2025. As previously reported, the Company has changed its fiscal year end from March 31 to December 31, resulting in a nine month fiscal reporting period ending December 31, 2024. A webcast and conference call will be held on Thursday, March 13, 2025 at 11:00 a.m. Eastern Time to review the Company's results, discuss recent events, and conduct a question-and-answer session. |
globenewswire.com |
2025-02-27 19:30:00 |
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| Algoma Steel Group to Participate in the BMO 34th Global Metals, Mining & Critical Minerals Conference |
SAULT STE. MARIE, Ontario, Feb. 24, 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 the Company is participating in the BMO 34th Global Metals, Mining & Critical Minerals Conference on Monday, February 24, 2025 to Wednesday, February 26, 2025 in Hollywood, Florida. Prior to Algoma's attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors section of its website at ir.algoma.com. |
globenewswire.com |
2025-02-24 09:30:00 |
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| Algoma Steel Provides Guidance for the Quarter Ended December 31, 2024 |
SAULT STE. MARIE, Ontario, Jan. 02, 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 provided guidance for its quarter ended December 31, 2024. Unless otherwise specified, all amounts are in Canadian dollars. |
globenewswire.com |
2025-01-02 19:30:00 |
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| Algoma Steel Group to Participate in the Inaugural B. Riley Securities Energy Convergence Conference |
SAULT STE. MARIE, Ontario, Dec. 03, 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 the Company will be participating in the B. Riley Securities Energy Convergence Conference on Wednesday, December 4, 2024, at the Hotel Eventi in New York. Prior to Algoma's attendance at this conference, the Company will post a copy of the presentation it will use in the Investors section of its website on ir.algoma.com. |
globenewswire.com |
2024-12-03 19:41:00 |
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| Algoma Steel Group Inc. (ASTL) Q2 2025 Earnings Call Transcript |
Algoma Steel Group Inc. (NASDAQ:ASTL ) Q2 2025 Results Conference Call November 7, 2024 11:00 AM ET Company Participants Mike Moraca - Vice President, Corporate Development and Treasurer Michael Garcia - Chief Executive Officer Rajat Marwah - Chief Financial Officer Conference Call Participants Katja Jancic - BMO Capital Markets David Ocampo - Cormark Securities Ian Gillies - Stifel Operator Greetings, and welcome to the Algoma Steel Group Inc. Second Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-11-09 13:05:05 |
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| Algoma Steel Group Reports Fiscal Second Quarter 2025 Financial Results |
Second Quarter Results In-Line with Previously Announced Expectations Transformative Electric Arc Furnace (EAF) Commissioning Activities Expected to Start on Schedule During the Fourth Quarter of Calendar 2024; Substantially all of Expected Project Budget Now Fully Contracted Change in Fiscal Year end from March 31 to December 31, beginning December 31, 2024 SAULT STE. MARIE, Ontario, Nov. 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, today announced results for its fiscal second quarter ended September 30, 2024. |
globenewswire.com |
2024-11-06 19:30:00 |
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| Algoma Steel to Announce Fiscal 2025 Second Quarter Results November 6, 2024 |
SAULT STE. MARIE, Ontario, Oct. 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 2025 second quarter financial results after the market closes on Wednesday, November 6, 2024. A webcast and conference call will be held on Thursday, November 7, 2024 at 11:00 a.m. Eastern Time to review the Company's results, discuss recent events, and conduct a question-and-answer session. |
globenewswire.com |
2024-10-29 19:30:00 |
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| How Much Upside is Left in Legato Merger (ASTL)? Wall Street Analysts Think 57.8% |
The average of price targets set by Wall Street analysts indicates a potential upside of 57.8% in Legato Merger (ASTL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. |
zacks.com |
2024-10-18 14:56:10 |
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| Algoma Steel Provides Fiscal Second Quarter 2025 Guidance |
SAULT STE. MARIE, Ontario, Sept. 26, 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 guidance for its fiscal second quarter ending September 30, 2024. Unless otherwise specified, all amounts are in Canadian dollars. |
globenewswire.com |
2024-09-26 21:30:00 |
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| Algoma Steel Announces Results of Voting at Annual Meeting of Shareholders |
SAULT STE. MARIE, Ontario, Sept. 24, 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 the results of voting at its virtual annual meeting of shareholders held on September 24, 2024 (the “Meeting”). |
globenewswire.com |
2024-09-24 21:30:00 |
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| Algoma Steel Group to Participate in the Jefferies 2024 Industrials Conference |
SAULT STE. MARIE, Ontario, Sept. 03, 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 the Company will be participating in the Jefferies 2024 Industrials Conference on Wednesday, September 4 and Thursday, September 5, 2024. Prior to Algoma's attendance at this conference, the Company will post a copy of the presentation it will use in the Investors section of its website on ir.algoma.com. |
globenewswire.com |
2024-09-03 21:30:00 |
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| Algoma Steel Group Announces Renewal of Normal Course Issuer Bid |
SAULT STE. MARIE, Ontario, Aug. 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 Toronto Stock Exchange (the “TSX”) has approved the Company's intention to renew its normal course issuer bid (“NCIB”) for a portion of its common shares (“Shares”) and a portion of its warrants (“Warrants”) to purchase shares as appropriate opportunities arise from time to time. The Company believes that the market price of the Shares and Warrants may not, from time to time, fully reflect their value and accordingly the purchase of Shares and Warrants would be in the best interests of the Company and an attractive use of available funds." |
globenewswire.com |
2024-08-29 21:34:00 |
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| Algoma Steel Applauds Approval of New 230kV Transmission Line in Sault Ste. Marie, Supporting Regional Growth and Green Steel Transition |
SAULT STE. MARIE, Ontario, Aug. 28, 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 congratulates PUC (Transmission) LP (“PUC Transmission”) and Hydro One Sault Ste. Marie LP (“Hydro One”) on each obtaining authorization pursuant to the Ontario Energy Board Act to construct a new 230kV transmission line and related transformation components in Sault Ste. Marie. The combined local transmission project improves the city's access to Hydro One's planned regional grid infrastructure upgrade as previously prioritized by the Province of Ontario. |
globenewswire.com |
2024-08-28 18:58:00 |
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| Algoma Steel Group Inc (ASTL) Q1 2025 Earnings Call Transcript |
Algoma Steel Group Inc (NASDAQ:ASTL ) Q1 2025 Results Conference Call August 14, 2024 11:00 AM ET Company Participants Michael Moraca - Treasurer & Investor Relations Officer Michael Garcia - CEO & Director Rajat Marwah - Chief Financial Officer Conference Call Participants David Ocampo - Cormark Securities Katja Jancic - BMO Capital Markets Ian Gillies - Stifel Operator Greetings, and welcome to the Algoma Steel Group Fiscal First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-08-14 18:53:05 |
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| Algoma Steel Group Reports Fiscal First Quarter 2025 Financial Results |
First Quarter Results In-Line with Previously Announced Outlook Completed Plate Mill Upgrade, Ramping Production Towards Expected Annual Run Rate Capacity of Over 650,000 NT Continued to Significantly De-risk Transformative Electric Arc Furnace Project as Construction Continues on Schedule Announces Intention to Relaunch Normal Course Issuer Bid SAULT STE. MARIE, Ontario, Aug. 13, 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 for its fiscal first quarter ended June 30, 2024. |
globenewswire.com |
2024-08-13 21:42:00 |
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| Algoma Steel Issues 2024 ESG Annual Report |
SAULT STE. MARIE, Ontario, Aug. 12, 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 the publication of its second annual Environmental, Social, and Governance (“ESG”) report (the “Report”). |
globenewswire.com |
2024-08-12 21:30:00 |
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| Algoma Steel to Announce Fiscal 2025 First Quarter Results August 13, 2024 |
SAULT STE. MARIE, Ontario, Aug. 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 2025 first quarter financial results after the market closes on Tuesday, August 13, 2024. A webcast and conference call will be held on Wednesday, August 14, 2024 at 11:00 a.m. Eastern Time to review the Company's results, discuss recent events, and conduct a question-and-answer session. |
globenewswire.com |
2024-08-06 21:30:00 |
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| Algoma Steel Group to Participate at the Stifel Canada's 3rd Annual Summer Solstice Conference |
SAULT STE. MARIE, Ontario, June 24, 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 the Company will participate at the Stifel Canada's 3rd Annual Summer Solstice Conference on Monday, June 24, 2024 to Wednesday, June 26, 2024 in Minett, Muskoka Lakes. Prior to Algoma's attendance at this conference, the Company will post a copy of the presentation in the Investors section of its website. |
globenewswire.com |
2024-06-24 16:00:00 |
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| Algoma Steel Group Inc. (ASTL) Q4 2024 Earnings Call Transcript |
Algoma Steel Group Inc. (NASDAQ:ASTL ) Q4 2024 Earnings Conference Call June 21, 2024 11:00 AM ET Company Participants Michael Moraca - Vice President, Corporate Development and Treasurer Michael Garcia - Chief Executive Officer Rajat Marwah - Chief Financial Officer Conference Call Participants David Ocampo - Cormark Securities Ian Gillies - Stifel Katja Jancic - BMO Capital Markets Operator Greetings. Welcome to Algoma Steel Group Incorporated Full Year Fiscal 2024 Earnings Call. |
seekingalpha.com |
2024-06-21 17:30:05 |
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| Algoma Steel Group Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results |
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 and cold rolled steel sheet and plate products, today announced results for its fiscal fourth quarter and full year ended March 31, 2024. |
globenewswire.com |
2024-06-20 21:30:00 |
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| Algoma Steel Appoints Erin Oliver as Vice President - Health and Safety |
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. |
globenewswire.com |
2024-06-11 20:00:00 |
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| Algoma Steel to Announce Fiscal 2024 Fourth Quarter and Full Year Results June 20, 2024 |
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, discuss recent events, and conduct a question-and-answer session. |
globenewswire.com |
2024-06-06 21:30:00 |
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