Market Segment
February 17, 2023
Algoma Installs First Structural Columns at EAF
Algoma Steel has installed the first structural steel columns this week at its electric-arc furnace (EAF) steelmaking facility in Sault Ste. Marie, Ontario.
The Canadian steelmaker said that on-site assembly of the structure is targeted for completion within the year.
The company partnered with Hamilton, Ontario-based Walters Group Inc. in fabricating and erecting the main EAF building and additional structures. Algoma’s plate products were used in fabricating the heavy structural components.
“When paired with Ontario’s low-carbon power grid, we expect this transition will position Algoma as one of the leading producers of green steel in North America,” Algoma CEO Michael Garcia said in a statement.
Garcia has said that the project, which costs ~$700 million CAD ($519 million USD), is on track and on budget for mid-2024 completion. It entails switching from integrated to completely EAF steelmaking.
By Ethan Bernard, ethan@steelmarketupdate.com
