Steel industry thrilled with Algoma Steel announcement
A steel producers’ association is ecstatic that Algoma Steel receiving hundreds of million of dollars from the federal government.
The head of the Canadian Steel Producers Association couldn’t contain her excitement about Algoma Steel in the Sault taking a major step in going green.
“Every individual steel company is looking at what they can do," said Catherine Cobden, president and CEO of the Canadian Steel Producers Association.
“Members in our organization announced a net zero call-to-action plan. It’s an aspirational goal and we do take the issue of climate change seriously.”
Algoma Steel is moving away from traditional steelmaking to what’s called electric arc furnace steelmaking (EAF).
“Algoma is taking coal out of the equation and instead is putting in recycled steel as a component of the steelmaking process,” said Cobden.
“It basically uses the electricity system and since Canada has such a green electrical grid, it really helps in the greening up of this opportunity.”
Cobden said the country’s steel sector wants to support Canada’s customer base the best it can.
“As a key supplier in a vast array of sectors, we want to be the green supplier of choice," she said. "We want the market to look at Canadian steel and say we are assured that this comes from the greenest possible production facilities in the world.”
Cobden added that China, Indonesia and many other countries do not develop steel with the same green credentials as in Canada.
CTVNews.ca Top Stories
NEW From yearning for a change to cost of living, why some Canadians have left or may leave the country
For some immigrants, their dreams of permanently settling in Canada have taken an unexpected twist.
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.
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.
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.
What is whooping cough and should Canadians be concerned as Europe declares outbreak?
There is currently a whooping cough epidemic in Europe, with 10 times as many cases compared to the previous two years. While an outbreak has not been declared nationwide in Canada, whooping cough is regularly detected in the country.
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.
Florida deputies who fatally shot U.S. airman burst into wrong apartment, attorney says
Deputies responding to a disturbance call at a Florida apartment complex burst into the wrong unit and fatally shot a Black U.S. Air Force airman who was home alone when they saw he was armed with a gun, an attorney for the man's family said Wednesday.
U.S. presidential candidate RFK Jr. had a brain worm, has recovered, campaign says
Independent U.S. presidential candidate Robert F. Kennedy Jr. had a parasite in his brain more than a decade ago, but has fully recovered, his campaign said, after the New York Times reported about the ailment.
Canucks claw out 5-4 comeback win over Oilers in Game 1
Dakota Joshua had a goal and two assists and the Vancouver Canucks scored three third-period goals to claw out a 5-4 comeback victory over the Edmonton Oilers in Game 1 of their second-round playoff series Wednesday.