Press Releases | Feb 23, 2021

Algoma Steel Marks Major Milestone in Sustainability Journey

SAULT STE. MARIE, ON – On February 22, 2021, Algoma Steel celebrated the first arc at its second ladle metallurgy facility (No.2 LMF). This marks another major milestone in the company’s drive towards sustainability and is a key step in commissioning this new steel refining facility, unlocking 100,000 tons of added capacity to deliver advanced grades of steel.

CEO Michael McQuade remarked on the development, “No.2 LMF is a key component of our sustainability transformation. When combined with upgrades to our Plate Mill, our Direct Strip Production Complex and the continual critical review of every aspect of our cost structure, these initiatives are vital to sustaining our competitive position as an advanced manufacturer in Canada. Canadian steel has the smallest carbon footprint of any steel used in Canadian manufacturing today, and these investments will help ensure a strong, reliable supply of the grades of steel we need to build back our economy.”

The new 2.1 million ton ladle metallurgy furnace augments the existing capacity of No.1 LMF to deliver quality, precision grades, and enhances productivity to meet strong market demand.

About Algoma Steel Inc.:

Based in Sault Ste. Marie, ON Algoma Steel Inc., is a fully integrated steel producer of hot and cold rolled steel products including sheet and plate. With a production capacity of an estimated 2.8 million tons per year, Algoma Steel’s size and diverse capabilities enable it to deliver responsive, customer-driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense, and manufacturing sectors.

Today Algoma Steel is on a course of action, returning to its roots as a customer-focused, entrepreneurial company with the courage and growing capability to meet the industry’s challenges head-on. It is investing in its people and processes, optimizing and modernizing so that it might continue to be your partner in steel.

 

For more information, please call

Brenda Stenta
Manager Communications & Branding
Algoma Steel Inc.
Phone: +1.705.206.1022
E-mail: [email protected]

About Algoma Steel Group Inc.

Based in Sault Ste. Marie, Ontario, Algoma is a leading Canadian producer of high-quality plate and sheet steel products, proudly supporting critical sectors including energy, defense, automotive, shipbuilding, and infrastructure. Guided by a purpose to build better lives and a greener future, Algoma is shaping the next generation of sustainable steelmaking in Canada.

With the transition to electric arc furnace (EAF) steelmaking and a modernized plate mill, Algoma is redefining how steel is made in Canada. Powered by Ontario’s clean electricity grid, this transformation represents one of the largest industrial decarbonization initiatives in North America and is expected to reduce carbon emissions by approximately 70% once fully transitioned. These advancements provide stability for continued investment in diversification projects aligned with Canada’s evolving needs.

This new chapter also introduces Volta™, the brand for all steel produced through Algoma’s EAF technology. Volta delivers the same trusted performance customers rely on, with significantly lower emissions—produced safely, sustainably, and proudly in Canada.

Building on more than a century of steelmaking expertise, Algoma continues to invest in its people, processes, and technologies to strengthen domestic supply chains and deliver responsible, Canadian-made steel that helps build a better tomorrow.

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