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Algoma Steel

Latest News

Algoma’s New EAF Is Running Around the Clock

12 March 2026 - Canada’s Algoma Steel has fully decommissioned its coke ovens and blast furnace and is now operating its new electric arc furnace (EAF) on a 24-hour basis, the company reported Thursday.

Hanwha Ocean to Contribute up to US$250 Million to Algoma Steel For New Facility, Canadian Steel

29 January 2026 - Shipbuilding and submarine manufacturer Hanwha Ocean announced it has signed a memorandum of understanding (MOU) with Algoma Steel Inc. to contribute up to US$250 million between the potential development of a structural steel beam mill and the purchase of steel for its products.

Algoma Steel Shuts Down Cokemaking, Looks to Green Steel Future

15 January 2026 - As Algoma Steel nears completion of its switch to electric arc furnace steelmaking, the Canadian producer has shut down its coke plant, reported SooToday.