9,179.48 TL BIST 100 BIST 100
31.13 $ USD USD
€33.79 EUR EUR
44.36 TL Interest Interest
83.30 $ Fossil Oil Fossil Oil
22.41 $ Silver Silver
3.84 $ Copper Copper
115.68 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,041.87 TL Gold (gr) Gold (gr)

Canada's Algoma Steel's first columns for electric arc furnace building installed

Algoma Steel, Canada's leading manufacturer of hot and cold rolled steel sheet and plate products, has installed its first columns for electric arc furnace building.

Canada's Algoma Steel's first columns for electric arc furnace building installed
He partnered with Walters Group Inc., based in Hamilton, ON, for the manufacture and installation of the electric arc furnace building and ancillary structures. 
Walters Group uses steel plate products from Algoma in the manufacture of heavy structural components. For the manufacture of the basic elements, it works with SIS Manufacturing Inc. The assembly of the building structure is aimed to be completed within the year.
According to Michael D. Garcia, Chief Executive Officer of Algoma, progress on the electric arc furnace project continues quickly and confidently. A 70% reduction in greenhouse gas emissions is expected. The transition, coupled with Ontario's low-carbon electricity grid, is expected to make Algoma one of North America's leading producers of green steel.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

How is the Far East market spending the week?

Wednesday, February 28, 2024

US imposes AD duties on South Korean cold-rolled steel

Wednesday, February 28, 2024

Zaporizhzhya Ferroalloy Plant continue to go on downtime in March

Wednesday, February 28, 2024

Global steel sheet markets remain flat; Türkiye's spot market recorded a decrease

Wednesday, February 28, 2024

New regulation for Canadian steel importers

Wednesday, February 28, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now