The steelmaker says the outlook for the quarter ended
The railway has reached a deal with its union and workers were back on the job Tuesday, but Algoma says it had made preparations in case of a prolonged outage.
Algoma expects to end the quarter with above average work in process and finished goods inventories to fulfil deferred shipments in future periods.
The company says shipments in its fourth quarter are expected to be in a range of 540,000 to 550,000 tons. Algoma shipped 553,000 tons in its third quarter.
Adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter are expected to be in a range of
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