Capital ManagementAlgoma plans to relaunch NCIB, which would allow it to repurchase up to 5% of shares/warrants and give it greater capital allocation optionality.
EAF ProjectThe transformation from BoF-based steelmaking to EAF will translate to higher through-cycle profitability, lower costs, and higher multiples over time.
Market PositionAlgoma remains well positioned to benefit as market fundamentals improve and demand rebounds.