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40-F
2024 FY
ASTL
Algoma Steel Group Inc
20 Jun 24
Annual report (Canada)
6:40pm
We sell our finished products to a geographically diverse customer base across North America. For the fiscal year ended March 31, 2024, our shipment volume by product category, geography and end markets were as follows:
FY2024 Product Shipment Mix | FY2024 Geographic Shipments | |||||||
Product | Volume | Country | Volume | |||||
Hot Roll | 79% | United States | 60% | |||||
Cold Roll | 8% | Canada | 39% | |||||
Plate | 13% | Mexico | 1% |
40-F
2024 FY
ASTL
Algoma Steel Group Inc
20 Jun 24
Annual report (Canada)
6:40pm
FY 2024 End Market Volume | ||||||||||||
Segment | FY24 | FY23 | FY22 | |||||||||
Transportation¹ | 43 | % | 43 | % | 38 | % | ||||||
Manufacturing and Construction | 30 | % | 29 | % | 32 | % | ||||||
Tubular | 10 | % | 11 | % | 7 | % | ||||||
Distribution | 17 | % | 17 | % | 23 | % | ||||||
Total | 100 | % | 100 | % | 100 | % | ||||||
¹Includes 25-30% automotive |
40-F
2024 FY
ASTL
Algoma Steel Group Inc
20 Jun 24
Annual report (Canada)
6:40pm
The distribution of total steel revenue by principal markets for the periods indicated below, was as follows:
Total North American Revenue by Major Markets | ||||||||||||||
April 1, 2023 to March 31, 2024 | April 1, 2022 to March 31, 2023 | April 1, 2021 to March 31, 2022 | ||||||||||||
% | % | % | ||||||||||||
Steel service center | 13 | 16 | 22 | |||||||||||
Transportation1 | 43 | 43 | 41 | |||||||||||
Manufacturing & Construction | 34 | 34 | 31 | |||||||||||
Tubular and other | 10 | 8 | 6 | |||||||||||
Total | 100 | 100 | 100 | |||||||||||
1Includes 25-30% automotive |
40-F
2024 FY
ASTL
Algoma Steel Group Inc
20 Jun 24
Annual report (Canada)
6:40pm
Total sales, accounted for by each of our major product lines for the periods indicated below, were as follows:
12 months ended March 12 months ended March 12 months ended March 31, | ||||||||||||
31, 2024 | 31, 2023 | 2022 | ||||||||||
Sheet & Strip | C$2,035.8 | C$2,161.3 | C$3083.1 | |||||||||
Plate | 506.2 | 387.4 | 465.7 | |||||||||
Slab | 3.3 | 1.4 | 0 | |||||||||
Freight | 198.3 | 182.4 | 172.9 | |||||||||
Non-steel sales | 52.2 | 46.0 | 84.3 | |||||||||
Total | C$ | 2,795.8 | C$ | 2,778.5 | C$ | 3,806.0 |
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