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Algoma Steel builds electric arc furnace in Sault Ste. Marie · Endata

◂ Announcements

Jun 20, 2023EXPANSIONSault Ste. Marie, Ontario, Canada

Algoma Steel builds electric arc furnace in Sault Ste. Marie

Algoma Steel is constructing two electric arc furnaces at its Sault Ste. Marie plant, a $703 million project to replace blast furnace operations and reduce carbon emissions by 70%. Commissioning is expected in mid-2024 with full EAF mode by 2026.

Value

$703.0M

Starts operating

Q3 2024

Status

Under construction

Productssteel plate and sheet

CompaniesAlgoma Steel Inc.

Sectors#Steel and Metal Products

“CEO said $703-million project on schedule for 2026 production”northernontariobusiness.com

1 source
northernontariobusiness.comAlgoma Steel’s electric arc furnace project taking shape - Northern Ontario BusinessIan RossJun 20, 2023

Summarized from public sources; check the original articles before acting on it.

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Algoma Steel shares begin trading after SPAC merger IPO
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Nov 5, 2026CONTRACTSault Ste. Marie, Ontario, Canada$182.0M
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Nov 5, 2026CONTRACTCanada$135.0M
Algoma Steel secures record steel order for Seaspan icebreakers
Seaspan Shipyards customer Algoma Steel Inc. supplier steelmarketupdate.com
Nov 4, 2026CONTRACTSault Ste. Marie, Ontario, Canada$136.5M
Algoma Steel awarded $182M contract for polar icebreaker steel
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Nov 4, 2026CONTRACTSault Ste. Marie, Ontario, Canada$130.0M
Algoma and Stigterstaal to supply steel plate for Canadian Coast Guard icebreakers
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