Algoma Steel to Announce Fiscal 2024 Fourth Quarter and Full Year Results June 20, 2024

Company Overview - Algoma Steel Group Inc. is a leading Canadian producer of hot and cold rolled steel sheet and plate products, based in Sault Ste. Marie, Ontario [3] - The company is a fully integrated producer and a key supplier of steel products in North America, being the only producer of discrete plate products in Canada [3] - Algoma's Direct Strip Production Complex (DSPC) is recognized as one of the lowest-cost producers of hot rolled sheet steel in North America [3] Financial Results Announcement - Algoma will release its fiscal 2024 fourth quarter and full year financial results after the market closes on June 20, 2024 [1] - A webcast and conference call to discuss the results will take place on June 21, 2024, at 11:00 a.m. Eastern Time [1] Strategic Initiatives - The company is undergoing a transformation journey, modernizing its plate mill and adopting electric arc technology to lower carbon emissions significantly [4] - Algoma is focused on building a greener future and enhancing its operational efficiency through investments in people and processes [4] - The company aims to become one of North America's leading producers of green steel, emphasizing recycling and environmental stewardship [4]