Algoma Steel Group Inc. (ASTL) Q1 2024 Earnings Call Transcript

Algoma Steel Group Inc. (NASDAQ:ASTL) Q1 2024 Earnings Conference Call August 11, 2023 11:00 AM ET

Company Participants

Mike Moraca – Treasurer and IR Officer

Michael Garcia – CEO

Rajat Marwah – CFO

Conference Call Participants

Katja Jancic – BMO Capital Markets

David Ocampo – Cormark Securities

Ahmad Shaath – Beacon Securities

Lucas Pipes – B. Riley


Hello, and welcome to today’s conference call to discuss Algoma Steel’s Fiscal First Quarter 2024 Financial Results. My name is Doug and I’ll be your operator for today’s call.

At this time, I’d like to hand the call over to Mike Moraca, Treasurer and Investor Relations Officer for Algoma. Mr. Moraca, please go ahead.

Mike Moraca

Good morning, everyone, and welcome to Algoma Steel Group Inc’s first quarter fiscal 2024 earnings conference call. Leading today’s call are Michael Garcia, our Chief Executive Officer; and Rajat Marwah, our Chief Financial Officer. As a reminder, this call is being recorded and will be made available for replay later today in the Investors section of Algoma Steel’s corporate website at

I would like to remind you that comments made on today’s call may contain forward-looking statements within the meaning of applicable securities laws, which involve assumptions and inherent risks and uncertainties. Actual results may differ materially from statements made today. In addition, our financial statements are prepared in accordance with IFRS, which differs from U.S.GAAP and our discussion today includes references to certain non-IFRS financial measures. Last evening, we posted an earnings presentation to accompany today’s prepared remarks. The slides for today’s call can be found in the Investors section of our corporate website.

With that in mind, I would ask everyone on today’s call to read the legal disclaimers on Slide 2 of the accompanying earnings presentation and also refer to the risks and

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