Article content material
SAULT STE. MARIE, Ontario, Sept. 03, 2024 (GLOBE NEWSWIRE) — Algoma Metal Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Firm”), a number one Canadian producer of cold and warm rolled metal sheet and plate merchandise, immediately introduced that the Firm will probably be collaborating within the Jefferies 2024 Industrials Convention on Wednesday, September 4 and Thursday, September 5, 2024. Previous to Algoma’s attendance at this convention, the Firm will put up a replica of the presentation it’ll use within the Buyers part of its web site on ir.algoma.com.
Article content material
Cautionary
Assertion
Relating to
Ahead-Wanting
Statements
This information launch accommodates “forward-looking data” beneath relevant Canadian securities laws and “forward-looking statements” throughout the which means of the U.S. Personal Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”), together with statements relating to, Algoma’s transition to electrical arc furnace (EAF) steelmaking, Algoma’s future as a number one producer of inexperienced metal, Algoma’s modernization of its plate mill services, transformation journey, means to ship larger and long-term worth, means to supply North America a safe metal provide and a sustainable future, and funding in its individuals, and processes. These forward-looking statements usually are recognized by the phrases “imagine,” “venture,” “anticipate,” “anticipate,” “estimate,” “intend,” “technique,” “future,” “alternative,” “plan,” “design,” “pipeline,” “could,” “ought to,” “will,” “would,” “will probably be,” “will proceed,” “will probably outcome,” and related expressions. Ahead-looking statements are predictions, projections and different statements about future occasions which are based mostly on present expectations and assumptions. Many components may trigger precise future occasions to vary materially from the forward-looking statements on this doc. Readers must also think about the opposite dangers and uncertainties set forth within the part entitled “Threat Elements” and “Cautionary Word Relating to Ahead-Wanting Info” in Algoma’s Annual Info Kind, filed by Algoma with relevant Canadian securities regulatory authorities (accessible beneath the corporate’s SEDAR+ profile at www.sedarplus.com) and with the SEC, as a part of Algoma’s Annual Report on Kind 40-F (accessible at www.sec.gov), in addition to in Algoma’s present stories with the Canadian securities regulatory authorities and SEC. Ahead-looking statements communicate solely as of the date they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and Algoma assumes no obligation and doesn’t intend to replace or revise these forward-looking statements, whether or not on account of new data, future occasions, or in any other case.
Article content material
About
Algoma
Metal
Group
Inc.
Based mostly in Sault Ste. Marie, Ontario, Canada, Algoma is a completely built-in producer of cold and warm rolled metal merchandise together with sheet and plate. Pushed by a objective to construct higher lives and a greener future, Algoma is positioned to ship responsive, customer-driven product options to functions within the automotive, development, power, protection, and manufacturing sectors. Algoma is a key provider of metal merchandise to clients in North America and is the one producer of discrete plate merchandise in Canada. Its state-of-the-art Direct Strip Manufacturing Complicated (“DSPC”) is likely one of the lowest-cost producers of sizzling rolled sheet metal (HRC) in North America.
Algoma is on a change journey, modernizing its plate mill and adopting electrical arc expertise that builds on the robust rules of recycling and environmental stewardship to considerably decrease carbon emissions. Immediately Algoma is investing in its individuals and processes, working safely, as a group to grow to be considered one of North America’s main producers of inexperienced metal.
As a founding trade of their neighborhood, Algoma is drawing on the most effective of its wealthy steelmaking custom to ship larger worth, providing North America the consolation of a safe metal provide and a sustainable future as your accomplice in metal.
For extra data, please contact:
Michael Moraca
Vice President – Company Improvement and Treasurer
Algoma Metal Group Inc.
Cellphone: 705.945-3300
E-mail: IR@algoma.com
Share this text in your social community
