The move is expected to cut Algoma's carbon emissions by about 70 percent. The facility is planned to produce about 3.7 million tons of raw steel annually once the transition to electric arc furnaces is completed. "We are proud to support Algoma in their energy transition program to help them become a leader in the production of steel with more efficient gas technologies and bring more flexible and lower-carbon power for their industrial process," said Eric Gray, CEO of GE Gas Power for the Americas. The iron and steelmaking industries account for close to between 7 and 9 percent of global carbon emissions, according to various reports. Electrification of historically fossil-fired internal manufacturing processes could reduce that air pollution significantly.