Algoma Opens Second Ladle Metallurgy Facility
By Metal Center News Staff
on Feb 25, 2021
Algoma Steel, Sault Ste. Marie, Ontario, celebrated the first arc at its second ladle metallurgy facility, a development that will allow the company to expand its capacity by 100,000 tons. The company expects to use the new capacity to deliver advanced grades of steel.
“No.2 LMF is a key component of our sustainability transformation. When combined with upgrades to our plate mill, our direct strip production complex and the continual critical review of every aspect of our cost structure, these initiatives are vital to sustaining our competitive position as an advanced manufacturer in Canada,” said CEO Michael McQuade.
The new 2.1-million-ton ladle metallurgy furnace augments the existing capacity of No.1 LMF to deliver quality, precision grades, and enhances productivity to meet strong market demand, the company claims.
“Canadian steel has the smallest carbon footprint of any steel used in Canadian manufacturing today, and these investments will help ensure a strong, reliable supply of the grades of steel we need to build back our economy,” McQuade said.