Market Segment

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.

AlgomaThe 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

Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

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