Algoma Steel Group to Present at the BMO 31st Global Metals & Mining Conference
25 Februar 2022 - 11:30PM
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
present at the BMO 31st Global Metals & Mining Conference on
Tuesday, March 1, 2022 at 9:30 a.m. Eastern Time. Prior to Algoma’s
attendance at this conference, the Company will post a copy of the
presentation in the Investors section of its website.
A live audio webcast will be available at the
time of the event and may be accessed through the Investors section
of the Company’s website at www.algoma.com . A replay of the audio
webcast will be available after the event.
About Algoma Steel Group
Inc.
Based in Sault Ste. Marie, Ontario, Canada,
Algoma is a fully integrated producer of hot and cold rolled steel
products including sheet and plate. With a current raw steel
production capacity of an estimated 2.8 million tons per year,
Algoma’s size and diverse capabilities enable it to deliver
responsive, customer-driven product solutions straight from the
ladle to direct applications in the automotive, construction,
energy, defense, and manufacturing sectors. Algoma is a key
supplier of steel products to customers in Canada and Midwest USA
and is the only producer of plate steel products in Canada. The
Company’s mill is one of the lowest cost producers of hot rolled
sheet steel (HRC) in North America owing in part to its
state-of-the-art Direct Strip Production Complex (“DSPC”), which is
the newest thin slab caster in North America with direct coupling
to a basic oxygen furnace (BOF) melt shop.
Algoma has achieved several meaningful
improvements over the last several years that are expected to
result in enhanced long-term profitability for the business. Algoma
has upgraded its DSPC facility and recently installed its No. 2
Ladle Metallurgy Furnace. Additionally, the Company has cost
cutting initiatives underway and is in the process of modernizing
its plate mill facilities.
Today Algoma is on a transformation journey,
investing in its people and processes, optimizing and modernizing
to secure a sustainable future. Our customer focus, growing
capability and courage to meet the industry’s challenges head-on,
position us firmly as your partner in steel.
For more information, please contact:
Michael MoracaTreasurer &
Investor Relations OfficerAlgoma Steel Group Inc.
Phone:
705.945.3300E-mail: IR@algoma.com
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