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    Canadian government approves Algoma Steel’s Green Steel Commitment plan

    Algoma green steel approved

    5th July, 2021

    Algoma’s Green Steel Transformation plan has been approved by the Canadian government who commit to a fund of $420 million in financial support. Algoma also announced a potential transfer to an Electric Arc Furnace (EAF) for steelmaking, to further their aims towards a greener manufacturing company.