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Algoma Steel Expects December 2024 Quarter Total Steel Shipments Of 545K - 550K Tons; Adjusted EBITDA Of C$(55)M - C$(65)M

Author: Benzinga Newsdesk | January 02, 2025 05:34pm

 

Michael Garcia, Chief Executive Officer of Algoma, commented, "Despite market headwinds, our results for the quarter demonstrated solid operational execution, particularly in our plate business where production continued on its upward trajectory. While macroeconomic uncertainties persist in the steel sector, we remain positioned to capitalize on improving fundamentals as conditions normalize."

Posted In: ASTL


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