The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Anoop Prihar - Eight Capital, Research Division - Analyst
: Just a couple of questions for me. First of all, given the volatility we've seen on the HRC side, I wonder if you could give us a bit of your interpretation
as to what's driving the volatility and how you see that playing out over the next couple of quarters.
Question: Anoop Prihar - Eight Capital, Research Division - Analyst
: With the spread between plate and HRC being what it is right now, I guess, approaching $700, are you seeing customers substituting other plate
into HRC? And to what extent is that even viable?
Question: Anoop Prihar - Eight Capital, Research Division - Analyst
: Okay. All right. And in the MD&A, I noticed when you were talking about the plate mill modernization, it looks like the first phase has slipped a little
bit. I mean, I think we're talking about March initially and now we're sort of pushing that back to May, June. Can you tell us a little bit about what's
going on there in terms of that slippage?
Question: Anoop Prihar - Eight Capital, Research Division - Analyst
: Okay. And just last question. Given your comments on increasing input costs, is it reasonable to assume that our unit costs for Q4 will be higher
on a sequential basis?
Question: Anoop Prihar - Eight Capital, Research Division - Analyst
: Okay. So just so I understand some puts and takes, but for Q4 on a sequential basis, our cost should be coming down and moving in the right
direction. Is that a fair statement?
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FEBRUARY 11, 2022 / 4:00PM, ASTL.OQ - Q3 2022 Algoma Steel Group Inc Earnings Call
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