Steel Mills
Steelmaking Ops Continue After Fire at Algoma Coal Conveyor
Written by Laura Miller
August 10, 2022
A fire at one of Algoma Steel’s coal conveyors is not affecting iron and steelmaking operations at the company’s mill in Sault St. Marie, Ontario. But coke production will be reduced while the damage is repaired.
The fire occurred on Aug. 7, 2022, on one of the conveyors that supplies coal to two of Algoma’s three coke batteries.
The company thinks it has a sufficient supply of coke and supply contracts for purchased coke to continue to support steelmaking operations, according to a statement.
“Our emergency response personnel, together with Sault Ste. Marie Fire Services, are to be commended for their quick action suppressing the blaze and containing damages without injury to any of our personnel,” Algoma president and CEO Michael Garcia said.
Algoma produces hot-rolled coil, cold-rolled coil, and plate. Phase one of modernization project of the company’s plate mill was completed in June, while phase two has been pushed out until next year.
By Laura Miller, laura@steelmarketupdate.com
Laura Miller
Read more from Laura MillerLatest in Steel Mills
Nippon Steel posts quarterly loss on cost to buy U.S. Steel
Nippon Steel earnings take hit from buy of U.S. Steel.
Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.
ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.
Ternium posts solid Q2, expects further shipment growth
Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.
Algoma swings to loss on ‘unprecedented disruptions’ and trade barriers
Canada’s Algoma Steel saw a sharp loss in the second quarter amid a continued challenging market environment and “tariff uncertainties.”