Algoma Steel aims to resume full production following piping collapse
Officials at Algoma Steel say production levels are ramping up in the wake of last month’s pipe collapse.
Even though the plant’s blast furnace is up and running once again, management said product shipments, costs and profits are likely to take a hit next quarter.
The company said the cost of repairs will be somewhere in the neighbourhood of $20 million to $30 million, with the work expected to be finished by April.
On Jan. 20, a structure supporting utilities piping at Algoma’s coke-making plant collapsed. No one was injured and the company initially shut down blast furnace operations.
Officials said limited coke production resumed days later, and combined with existing inventory and availability of third-party coke supplies, they expect to fulfill the company’s requirements for normal steelmaking while repairs are completed.
A number of workers received temporary layoff notices after last month’s incident, and the company said it’s in the process of recalling employees.
- Download our app to get local alerts on your device
- Get the latest local updates right to your inbox
A spokesperson said the recalls will be aligned with the resumption of steel production and will vary by department.
The company expects to return to full production within the next two weeks. In addition, officials said progress continues to be made on its electric arc furnaces, which are designed to replace the existing blast furnace and basic oxygen steelmaking operations.
CTVNews.ca Top Stories
DEVELOPING Live updates as Stormy Daniels testifies at Trump hush money trial
Adult film star Stormy Daniels will take the stand a second time Thursday as former U.S. president Donald Trump’s hush money case continues in Manhattan. Follow live updates here.
NEW Why these immigrants to Canada say they're thinking about leaving, or have already moved on
For some immigrants, their dreams of permanently settling in Canada have taken an unexpected twist.
Here are the ultraprocessed foods you most need to avoid, according to a 30-year study
Studies have shown that ultraprocessed foods can have a detrimental impact on health. But 30 years of research show they don’t all have the same impact.
NEW Capital gains tax change 'shortsighted' and 'sows division' business groups tell Freeland
Forging ahead with increasing Canada's capital gains inclusion rate 'sows division,' and is a 'shortsighted' way to improve the deficit, business groups are warning Finance Minister Chrystia Freeland.
Ontario man frustrated after $3,500 paving job leaves driveway in shambles
An Ontario man considering having his driveway paved received a quote from a company for $7,000, but then, another paver in the neighbourhood knocked on his door and offered half that rate.
Defence attacks Stormy Daniels' credibility as she returns to the stand in Trump's hush money trial
Stormy Daniels will return to the witness stand Thursday in Donald Trump's hush money trial as the defence tries to undermine the credibility of the porn actor's salacious testimony about their alleged sexual encounter and the money she was paid to keep quiet.
With contactless screening tech, this Toronto startup hopes to catch breast cancer early — and save lives
Amid evidence of rising breast cancer rates among young women in Canada, one Toronto startup is offering a contactless and radiation-free device that can help doctors identify suspicious changes in breast tissue. The company, Linda Lifetech, says this can lead to earlier detection of breast cancer.
Tornadoes tear through southeastern U.S. as storms leave 3 dead
Forecasters warned a wave of dangerous storms in the U.S. could wash over parts of the South early Thursday, a day after severe weather with damaging tornadoes and large hail killed at least three people in the region.
Police handcuff man trying to enter Drake's Toronto mansion
Toronto police say a man was taken into custody outside Drake's Bridle Path mansion Wednesday afternoon after he tried to gain access to the residence.