Essar Steel Algoma
Insolvent Essar Steel Algoma accepts bid for assets
Value of KPS’s joint bid with several lenders not disclosed.
Essar Steel Algoma files for creditor protection
Commodity prices bite as steel prices plummet by more than half.
Essar Steel Algoma gets pension relief from Ontario government
Regulation allows for fixed payments over the next three years and extends amortization period to 2024.
CBSA investigates steel plate dumping following Essar complaint
Alleges Canadian production of hot-rolled carbon and high-strength low-alloy steel plate product is harmed.
Essar Steel Algoma Q4 loss widens to $92.M
Blamed on lower volumes, selling prices, higher cost, tax losses.
Essar Steel Algoma fined $250,000 for three OHSA violations
Incidents involved burns from a molten steel and a fireball, a fall and a falling cart.