The Canadian International Trade Tribunal has announced that it has found that the dumping of hot rolled carbon steel plate imports from Brazil, Denmark, Indonesia, Italy, Japan and South Korea has not caused but is threatening to cause ...
Tags: AD Duty, Hot Rolled Plate
The Canadian International Trade Tribunal (CITT) has determined that there is a reasonable indication that the dumping of hot rolled (HR) carbon steel plate from Brazil, Taiwan, Denmark, Indonesia, Italy, Japan, and South Korea has caused ...
Tags: Metallurgy, Mineral, Energy, HR Steel Plate, steel, Construction
Sault Ste. Marie, Ontario-based Essar Steel Algoma, a producer of flat rolled and plate steel products, reported Tuesday an EBITDA loss of $8.4 million for the three month period ending June 30, 2013, compared to EBITDA of $64.2 million for ...
Tags: Steel Prices, Steel Algoma
The steelmaker Essar Steel Algoma has just reported a US$92.7-million loss for the fourth quarter of fiscal year 2013, which is much bigger than US$18 million loss for the fourth quarter of a year ag. In the report, the steelmaker's quarter ...
Tags: Essar Steel Algoma, Q4
It's reported Essar Steel Algoma has extend its current agreement with its iron ore pellet supplier-Cliffs Natural Resources Inc. from 2016 to 2024. This agreement is pleased to control the pallet cost. Essar Steel Minnesota is also ...
Tags: Construction, Metallurgy, Mineral, Energy
Sault Ste. Marie, Ontario-based Essar Steel Algoma's lenders have approved an amendment to the company's September 2012 credit agreement allowing for credit support from its parent companies to reinforce Essar Steel Algoma's liquidity ...
Tags: Lenders, Steel Algoma
Sault Ste. Marie, Ontario-based flat rolled sheet and plate steelmaker Essar Steel Algoma announced Wednesday that its parent companies will provide $50 million of credit support to reinforce the company's liquidity position. The Company ...
Tags: Essar Steel, Liquidity
Essar Steel Algoma, Ontario-based steel flats producer announced that its net loss of US$25.1 million for the second quarter ended on December 31st, 2012 although the company’s shipments increased by 19.6% year on year in the given ...
Sault Ste. Marie, Ontario-based flat rolled steelmaker Essar Steel Algoma Inc. reported Wednesday a net loss of $25.1 million for the three month period ending December 31, 2012 (fiscal Q3). The results for Q3 reflect the impact of lower ...
Tags: Essar Steel, Mineral, Metallurgy
Reportedly, Canada’s Essar Steel Algoma predicts the North American plate market will improve over through 2013. Currently, the market demand for the current quarter is slightly less than what we saw the previous year but pricing ...
Tags: plate market, Steel, sheet products
Sault Ste.Marie,Ontario-based flat rolled steelmaker Essar Steel Algoma announced Friday that the Ontario Government has granted the company temporary pension relief in the form of a 12 month deferral of special pension payments effective ...
Tags: Essar Steel Algoma, Ontario, pension service
United Steelworkers Local 2251 has filed a grievance against Essar Steel Algoma claiming the company has employed outside workers to do jobs claimed by the union. Mr Mike DaPrat,Local 2251 president said the union believes this violates ...
Tags: United Steelworkers, Essar Steel Algoma, contract, retirees
Essar Steel Algoma Inc provide the following corporate update. The Board of Directors has initiated a search for a new Chief Executive Officer. Mr Kalyan Ghosh CCO will continue to serve the Company as Chief Executive Officer on an ...
Essar Steel Algoma, an integrated primary steel producer in Canada posted loss of US$88.40 million for the third quarter of this year, caused by high input costs and dropped selling prices. In the third quarter, the firm's selling ...
Tags: steel producer, steel input costs, Canada steel producer