# Walters Group partners with Algoma Steel on electric-arc furnace project

Walters Group has been selected by Algoma Steel to build two new electric-arc furnaces (EAF) in Sault Ste. Marie, Ontario, replacing existing blast furnace operations. The project will reduce Algoma's carbon footprint by 70% and increase capacity by approximately 1 million tons, to a total of 2.4-3.5 million tons.

- Type: Contract
- Announced: 2024-06-12
- Where: Sault Ste. Marie, Ontario, Canada, Canada
- Status: announced
- Capacity: increase by approximately 1 million tons, total 2.4-3.5 million tons
- Products: electric-arc furnaces, steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Walters Group](https://endata.com/companies/27930.md)
- [Algoma Steel Inc.](https://endata.com/companies/15428.md) (customer)

## Sources

- [waltersgroupinc.com](https://www.waltersgroupinc.com/revolutionizing-steel-production-walters-group-partners-with-algoma-steel-on-innovative-eaf-project/), 2024-06-12: "We are both delighted and honoured to be selected by Algoma to build their new EAF facility in Sault Ste. Marie."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.