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
USS/Nippon deal: Who will have the happiest holidays?
Will Santa bring gifts for the leadership, employees, and shareholders of U.S. Steel and Nippon Steel, and lumps of coal for USW leadership and politicians opposed to the deal?
‘Orderly liquidation’ of AHMSA assets begins
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Nippon buying stake in Canadian iron ore project
Nippon Steel and a Japanese trading company have entered an agreement to buy a 49% interest in a Champion Iron ore project in Canada.
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.
Nucor blames steel mills segment for depressed Q4 guidance
Nucor cited decreased volumes and prices in it steel mills segment as the key driver of its lower guidance for the fourth quarter.