Algoma Steel and Roshel launch Canadian ballistic defence steel venture
The initiative aligns with Canada’s Defence Industrial Strategy and Buy Canadian policies.
SEATTLE (Scrap Monster): Algoma Steel Group Inc. reported the formation of Roshel Algoma Defence Solutions Inc. (RADS), a joint venture with Roshel Inc. to create a Canadian Centre of Excellence for ballistic steel production. The partnership aims to provide sovereign, made-in-Canada ballistic steel and full-cycle defence manufacturing capabilities.
RADS is positioned to support over 500 workers and supply ballistic steel solutions for Canadian defence programs such as Light Utility Vehicles and the Domestic Arctic Mobility Enhancement program, as well as marine, infrastructure, aerospace, and security applications, with potential exports to allied countries.
Algoma Steel and Roshel Inc. have created Roshel Algoma Defence Solutions Inc. to produce ballistic steel and offer fabrication, forming, welding, and machining within Canada. The initiative aligns with Canada’s Defence Industrial Strategy and Buy Canadian policies.
The venture targets demand from programs such as Light Utility Vehicles, the Domestic Arctic Mobility Enhancement program, and naval platforms, while also serving infrastructure, marine, aerospace, and security markets. The text notes potential support for over 500 workers, indicating meaningful industrial scale.
The disclosure also reiterates Algoma’s broader transition to electric arc furnace steelmaking and an expected approximately 70% reduction in carbon emissions, positioning its Volta™ green steel brand within national security and industrial supply chains.
Courtesy: www.stocktitan.net