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Algoma
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The Dumping of Hot Rolled Carbon Steel Plate Imports From Brazil
May 22, 2014The 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
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Committee Recovered More Than $140,000 From Former Business Partners of The Alsip
Dec 6, 2013The Official Committee of Unsecured Creditors involved in the Trainor Glass Company bankruptcy case has recently recovered more than $140,000 from former business partners of the Alsip, Ill.-based glazing company in an effort to repay ...
Tags: Construction, Decoration, Glass
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CITT Determined That HR Carbon Steel Plate From Seven Countries Caused Injury
Nov 6, 2013The 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
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$28 Million Loss for Essar Steel Algoma on Account of Steel Prices Fell
Aug 15, 2013Sault 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
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Essar Steel Algoma Has Just Reported a Loss for Q4 Quarter of Fiscal Year 2013
Jun 20, 2013The 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
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Essar Steel Algoma Has Extend Its Current Agreement with Natural Resourcesfrom 2016~2024
Jun 19, 2013It'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
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WS Packaging Group to Expand Algoma Facility Operation in The US
May 27, 2013US-based WS Packaging Group is all set to expand its Algoma facility operation in the US as part of a company-wide planning process, with an investment of $7.9m. The three-year expansion includes new equipment and building upgrades to ...
Tags: Packaging, WS Packaging Group
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Essar Steel Algoma's Lenders Approved an Amendment to The Company's September 2012
May 13, 2013Sault 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
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Algoma Tubes Has Been Fined $70,000 for a Violation of Occupational Health & Safety Act
May 3, 2013May 1, 2013 - Ontario’s Ministry of Labour (MoL) reports Algoma Tubes Inc.—a manufacturer of steel pipe products based in Whitehorse, Yukon—has been fined $70,000 for a violation of the Occupational Health & Safety Act ...
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Essar Steel Algoma Gets $50 Million Credit to Improve Liquidity Position
Apr 19, 2013Sault 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
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Essar Steel Algoma's Net Loss of US$25.1 Million for The Second Quarter
Feb 19, 2013Essar 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 ...
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Essar Steel Algoma Reported Wednesday Net Loss of $25.1 Million for The Three Month Period
Feb 14, 2013Sault 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
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Canada's Essar Steel Algoma Predicts The North American Plate Market Will Improve in 2013
Feb 6, 2013Reportedly, 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
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Essar Steel Algoma Granted The Company Temporary Pension Relief
Jan 14, 2013Sault 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
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The 600 MW Unit 1 of Its 1,200MW Mahan I Power Project Has Been Synchronized
Dec 26, 2012Essar Energy plc,the India focused integrated energy company,announced that the 600 MW unit 1 of its 1,200MW Mahan I power project has been synchronized with the transmission grid and has commenced generating power. Mahan I,in Madhya ...
Tags: Essar Energy plc, energy company, India, Mahan I project
