Algoma Steel Group ( (TSE:ASTL) ) just unveiled an update.
Algoma Steel Group Inc. announced it 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. The company will host a webcast and conference call on March 13, 2025, to discuss the results and recent developments. This announcement reflects Algoma’s ongoing efforts to enhance transparency and engage with stakeholders as it continues its transformation journey towards sustainable steel production.
More about Algoma Steel Group
Algoma Steel Group Inc., based in Sault Ste. Marie, Ontario, is a leading Canadian producer of hot and cold rolled steel products, including sheet and plate. The company serves various sectors such as automotive, construction, energy, defense, and manufacturing in North America. Algoma is the only producer of discrete plate products in Canada and operates a low-cost Direct Strip Production Complex. The company is modernizing its operations with electric arc technology to reduce carbon emissions and is committed to becoming a leading producer of green steel.
YTD Price Performance: -25.46%
Average Trading Volume: 610,614
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $753.9M
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