Steel news
The latest global steel industry news from the I&ST team.
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Algoma Steel looks to the future
Algoma Steel will lay off approximately 1000 workers, giving them four months notice in December 2025. The Ontario-based company said that the job cuts stem directly from unprecedented 50% tariffs imposed by the United States six months ago, rendering traditional blast-furnace steelmaking no longer viable.
£2.9m electric arc furnace upgrade
The Materials Processing Institute (MPI) has announced a £2.9m upgrade to its seven-tonne electric arc furnace (EAF), the UK’s only pilot-scale research EAF.
Systems Spray-Cooled receives order from SMS group
Systems Spray-Cooled of The Systems Group received an order from SMS group for the design and supply of Spray-Cooled equipment for SSAB’s new EAF project located in Oxelösund, Sweden.

