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
BREAKING Israel attacks Iran, Reuters sources say; drones reported over Isfahan
Israel has attacked Iran, three people familiar with the matter told Reuters, as Iranian state media reported early on Friday that its forces had destroyed drones, days after Iran launched a retaliatory drone strike on Israel.
American millionaire Jonathan Lehrer denied bail after being charged with killing Canadian couple
American millionaire Jonathan Lehrer, one of two men charged in the killings of a Canadian couple in Dominica, has been denied bail.
Nearly half of China's major cities are sinking, researchers say
Nearly half of China's major cities are suffering 'moderate to severe' levels of subsidence, putting millions at risk of flooding especially as sea levels rise.
Prince Harry formally confirms he is now a U.S. resident
Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is now a U.S. resident.
Judge says 'no evidence fully supports' murder case against Umar Zameer as jury starts deliberations
The judge presiding over the trial of a man accused of fatally running over a Toronto police officer is telling jurors the possible verdicts they may reach based on the evidence in the case.
Health Canada to change sperm donor screening rules for men who have sex with men
Health Canada will change its longstanding policy restricting gay and bisexual men from donating to sperm banks in Canada, CTV News has learned. The federal health agency has adopted a revised directive removing the ban on gay, bisexual and other men who have sex with men, effective May 8.
Colin Jost names one celebrity who is great at hosting 'Saturday Night Live'
Colin Jost, who co-anchors Saturday Night Live's 'Weekend Update,' revealed who he thinks is one of the best hosts on the show.
Sports columnist apologizes for 'oafish' comments directed at Caitlin Clark. The controversy isn't over
A male columnist has apologized for a cringeworthy moment during former University of Iowa superstar and college basketball's highest scorer Caitlin Clark's first news conference as an Indiana Fever player.
'Shopaholic' author Sophie Kinsella reveals brain cancer diagnosis
Sophie Kinsella, the best-selling author behind the 'Shopaholic' book series, has revealed that she is receiving treatment for brain cancer.