Economy

June 22, 2023
Algoma Plans for Higher Plate Production in Q3
Written by Laura Miller
Algoma Steel anticipates increasing its plate production in the third calendar quarter of this year.
Phase two of the Canadian steelmaker’s plate mill modernization project continues, CEO Michael Garcia said on the company’s fiscal fourth-quarter of 2023 earnings call with analysts on Thursday, June 22. The second phase had initially been expected to be finished by November 2022 but was delayed due to a longer-than-expected outage after completion of phase one last year.


