08:04 AM EDT, 07/10/2025 (MT Newswires) -- Algoma Steel Group ( ASTL ) said Thursday it has produced its first steel from Unit One of its new electric arc furnace after completing over 10 days of system testing.

This helps the company's transition to "green" steelmaking, with potential carbon emission reductions of up to 70%.

Shares of Algoma Steel ( ASTL ) rose more than 3% in recent Thursday premarket activity.

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