Canadian Manufacturing

ArcelorMittal Dofasco marks milestone with Prime Minister Justin Trudeau

by CM Staff   

Financing Manufacturing Operations financing Government human resources In Focus labour shortage Manufacturing steel manufacturing


The government's investment aims to support ArcelorMittal Dofasco in becoming North America's first steel producer to transition to a hydrogen-ready electric arc furnace at scale to develop advanced steels.

HAMILTON — On Oct. 13, the Prime Minister, Justin Trudeau, and the Minister of Innovation, Science and Industry, François-Philippe Champagne, participated in a groundbreaking ceremony for a decarbonization project at the ArcelorMittal Dofasco facilities in Hamilton, Ontario. This project was made possible by a Government of Canada investment of $400 million through the Strategic Innovation Fund and is expected to support as many as 2,500 well-paying construction jobs, while also maintaining Dofasco’s employment position in Hamilton and providing upskilling opportunities for workers.

The government’s investment aims to support ArcelorMittal Dofasco in becoming North America’s first steel producer to transition to a hydrogen-ready, direct reduced iron–fed electric arc furnace at this scale for the development of advanced steels that serve the automotive, construction and manufacturing, and consumer packaging industries. Lower-emissions advanced steel is in high demand for products like electric vehicles. This project is helping Canada maintain manufacturing the clean end-to-end goods the global market increasingly demands.

“For generations, Dofasco has been an engine of the Canadian economy and created good middle-class jobs for workers. By investing in Dofasco’s project to move its production to clean steel, we’re investing in the future of this plant and this industry. Together, we can deliver good jobs, create a strong economy, and ensure cleaner air for today and tomorrow alike,” says Justin Trudeau, Prime Minister of Canada.

“Today represents a major step on our way to a net-zero future. Canadian steel companies are world-class, and this project places Canadian workers at the heart of the future of the steel industry. This project will enable ArcelorMittal Dofasco to produce cleaner, greener steel, while ensuring low-carbon manufacturing, which will make Canadian-made steel more competitive on a global scale. The project will also secure good jobs for Canadian workers and their families in the Hamilton region,” says François-Philippe Champagne, Minister of Innovation, Science and Industry.

Advertisement

Advertisement

Stories continue below