Algoma is on track to significantly reduce annual carbon emissions by approximately 70% following the completion of the EAF project, positioning itself as a greener steel producer in North America.

CEO Michael Garcia commented, “The entire Algoma team executed extremely well ... facilities and progressing our transformative EAF project. After years of planning and construction, I’m ...

continued our ramp in plate production and achieved the final steps toward the on-time first arc of the EAF project. 2025 represents an exciting time in the story of Algoma as we expect to ...

Despite these results, Algoma Steel’s stock showed resilience, rising by 1.72% to $5.92, reflecting investor optimism about future prospects, particularly the upcoming Electric Arc Furnace (EAF) ...

Despite these results, Algoma Steel’s stock showed resilience, rising by 1.72% to $5.92, reflecting investor optimism about future prospects, particularly the upcoming Electric Arc Furnace (EAF ...

and achieved the final steps toward the on-time first arc of the EAF project. 2025 represents an exciting time in the story of Algoma Steel Group Inc. As we expect to commence first steel in April ...

according to Algoma. The company's transition to EAF steelmaking is expected to strengthen its cost structure and improve its ability to navigate market uncertainties over the long term ...

EAF Project Investment: Cumulative investment of $740 million as of December 31, 2024. Algoma Steel Group Inc (NASDAQ:ASTL) reported significant improvements in employee safety, particularly in ...

Despite the turbulence, Algoma is pushing forward with a game-changing move: its shift to electric arc furnace (EAF) steelmaking. Set to kick off next month, this transition slashes emissions ...

EAF Project Investment: Cumulative investment of $740 million as of December 31, 2024. Algoma Steel Group Inc (NASDAQ:ASTL) reported significant improvements in employee safety, particularly in lost ...