Steel Mills

Algoma Boosts Capacity with Second LMF
Written by Michael Cowden
February 24, 2021
Algoma Steel has struck an arc at its second ladle metallurgy furnace (LMF), a move expected to increase capacity by approximately 100,000 tons per year, the company said.
The second LMF – officially No.2 LMF – has annual capacity of 2.1 million tons and complements the Canadian flat-rolled steelmaker’s No.1 LMF.
The addition of a second LMF follows upgrades to Algoma’s plate mill and direct strip production complex.
“These initiatives are vital to sustaining our competitive position as an advanced manufacturer in Canada,” Algoma CEO Michael McQuade said.
Sault Ste. Marie, Ontario-based Algoma makes hot-rolled and cold-rolled sheet as well as plate. The mill has annual capacity of approximately 2.8 million tons per year, according to its website.
Algoma is also an important supplier to the the Midwest and Great Lakes flat-rolled steel markets in the U.S.
By Michael Cowden, Michael@SteelMarketUpdate.com

Michael Cowden
Read more from Michael CowdenLatest in Steel Mills

AHMSA opens doors to potential buyers as $1.3B asset auction nears
AHMSA is opening its doors to potential buyers to tour its steel plant and mining operations in northern Mexico in preparation for the next stage of its bankruptcy process: the auction of its assets.

USW seeks clarity on USS plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.

Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.

ArcelorMittal Mexico to import from sister mills as it works to resume DRI production
ArcelorMittal has partially restarted operations at its direct reduction plant in Lazaro Cardenas, Michoacan. An explosion on Aug. 18 rocked the massive steelworks on Mexico’s Pacific coast, impacting production of direct-reduced iron (DRI).

Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!