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Algoma Steel Group Inc. extended its existing iron ore purchase contract with United States Steel Corporation for two years, with an option to further extend for a third year. The contract covers expected volumes needed for Algoma's transition from blast furnace to electric arc furnace steelmaking.
“Algoma Steel Group Inc., a leading Canadian producer of hot- and cold-rolled steel sheet and plate products, has extended its existing iron ore purchase contract with United States Steel Corporation for two years.”lsc-pagepro.mydigitalpublication.com
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