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Algoma Steel Group Ord Shs T.ASTL

Alternate Symbol(s):  ASTL | ASTLW | T.ASTL.WT

Materials
Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. Its plate products include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip and The Heavies. Its sheet products include Hot Rolled Sheet - DSPC, Hot Rolled Sheet - 106'' Mill, AR200, Cold Rolled and Floor Plate. The Company has a raw steel production capacity of an estimated 2.8 million tons per year. Its Direct Strip Production Complex is a thin slab caster coupled with direct hot rolling in North America. In addition, its heat-treated plate facility provides a full range of heat-treated products for abrasion resistant, ballistic and other specialty plate applications.


TSX:ASTL - Post by User

Algoma Steel Group Ord Shs > Q4/2022 EBIDTA & Production DOWNDRAFT !!!
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Comment by Stocker46on Mar 25, 2022 2:50pm
145 Views
Post# 34546512

RE:RE:RE:RE:Q4/2022 EBIDTA & Production DOWNDRAFT !!!

RE:RE:RE:RE:Q4/2022 EBIDTA & Production DOWNDRAFT !!!Why are their Quarterly classifications so screwed up but they need to change them .. seems ridiculous to end the year at March 31, 9 months before the "actual" end of the year.

Not sure why you think the 2nd Q  (real 2nd Q) will be so great. Shipments should definitely be somewhat higher but shipments in 1st Q (real 1st Q) are expected to be only slightly less than the previous quarter, yet EBITDA is expected to be 30% lower ... they didn't provide an adequate explanation of this SIGNIFICANT drop.



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