04
Apr
17:06
Algoma announces Q4 earnings guidance
In Algoma’s fourth-quarter earnings guidance, the company says it expects steel shipments to be 555,000-565,000 short tons, Kallanish understands.
Algoma expected its adjusted EBITDA range to CAD $25-30 million ($18.58-22.31m).
“We anticipate that our shipments for the fourth fiscal quarter will align with our earlier projections now that our plate mill has returned to its historical production levels. As expected, our adjusted EBITDA is directionally…
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Anonymous
Very good overview of the weekly steel market.
Anonymous