Algoma Steel anticipates reduced Q4 output and EBITDA impact from Sault Ste. Marie plant downtime
Monday, 25 March 2024, 14:52
Algoma Steel: Plant Outage Impact
Algoma Steel (ASTL) is bracing for a drop in production following an unplanned outage at its Sault Ste. Marie facility. The downtime is expected to affect output and adjusted EBITDA for the fourth quarter.
Optimism Amid Challenges
Algoma Steel remains positive about market conditions and future results despite the disruption. The company is optimistic about its resilience in the face of unexpected setbacks.
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