Amid tariff turmoil, will Algoma find demand for its green steel? | Unpublished
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Source Feed: The Globe and Mail
Author: Ian Bickis
Publication Date: August 10, 2025 - 12:16

Amid tariff turmoil, will Algoma find demand for its green steel?

August 10, 2025

Like some superhero channelling the power of lightning, Algoma Steel Inc. ASTL-T has started using the heat cast off by the arcs of powerful electric currents to make greener steel.

Electric arc furnaces are nothing new – the technology is more than a century old, and there’s already a few in Canada – but Algoma is calling the achievement of production from its first-of-the=kind furnace last month a win as it faces an existential threat from U.S. tariffs.



Unpublished Newswire

 
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