News from Essar Steel Algoma Inc. A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages.

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Sep 23, 2016, 13:30 ET Essar Steel Algoma Extends Stay of Proceedings and Debtor-in-Possession Financing

Confirms Secured Lenders Unite in Recapitalization Proposal SAULT STE. MARIE, ON, Sept. 23, 2016 /PRNewswire/ - Essar Steel Algoma Inc. ("Essar...


Aug 12, 2016, 15:16 ET Essar Steel Algoma Inc. Applauds the Continuation of Anti-Dumping Duties against China, Brazil and Ukraine and Countervailing Duties against India on Imports of Hot-rolled Steel Sheet

SAULT STE. MARIE, ON, Aug. 12, 2016 /PRNewswire/ - Essar Steel Algoma Inc. (Essar Algoma) applauds the Canadian International Trade Tribunal's...


Jul 14, 2016, 15:45 ET Consortium Agreement Terminated; Term Lenders Intend to Proceed Independently

SAULT STE. MARIE, ON, July 14, 2016 /PRNewswire/ - Essar Steel Algoma Inc. (Algoma) has received notice from the Term Lenders that the Consortium...


Jun 22, 2016, 15:50 ET Essar Steel Algoma Confirms SISP Status

SAULT STE. MARIE, ON, June 22, 2016 /PRNewswire/ - Essar Steel Algoma Inc. filed a motion on June 17, 2016 for Court approval of an Asset...


Jun 17, 2016, 15:00 ET Essar Steel Algoma Moves for Purchase Offer Approval

SAULT STE. MARIE, ON, June 17, 2016 /PRNewswire/ - Essar Steel Algoma Inc. ("Essar Steel Algoma" or the "Company") announced today that it has...


May 31, 2016, 16:45 ET Essar Steel Algoma Inc. Concludes Phase Two of Sale and Investment Solicitation Process

SAULT STE. MARIE, ON, May 31, 2016 /PRNewswire/ - Essar Steel Algoma has closed the second phase of the Sale and Investment Solicitation...


Apr 28, 2016, 10:00 ET Essar Steel Algoma Settles Contract Dispute

Secures Long Term Iron Ore Supply SAULT STE. MARIE, ON, April 28, 2016 /PRNewswire/ - On Monday, April 25, 2016, Essar Steel Algoma settled its...


Feb 18, 2016, 11:00 ET Essar Steel Algoma Appeals CITT Negative Injury Plate Determination

SAULT STE. MARIE, ON, Feb. 18, 2016 /PRNewswire/ - On January 29, 2016, Essar Steel Algoma appealed to the Federal Court of Appeal to ...


Feb 11, 2016, 13:00 ET Essar Steel Algoma Commences Sale and Investment Solicitation Process

SAULT STE. MARIE, ON, Feb. 11, 2016 /PRNewswire/ - Effective immediately, pursuant to an order by the Ontario Superior Court of Justice of Ontario...


Dec 09, 2015, 13:00 ET CBSA Makes Final Determination Against Steel Plate from India and Russia

SAULT STE. MARIE, ON, Dec. 9, 2015 /PRNewswire/ - Following a complaint filed by Essar Steel Algoma Inc., the Canada Border Services Agency...


Dec 04, 2015, 15:00 ET Ohio Court Dismisses Cleveland Cliff's Lawsuit Against Essar Steel Algoma Inc.

SAULT STE. MARIE, ON, Dec. 4, 2015 /PRNewswire/ - On December 3, 2015, in recognition of Essar Steel Algoma Inc.'s (ESAI) current Stay of...


Nov 09, 2015, 13:33 ET Essar Steel Algoma Inc. Pursues Financial Restructuring; Secures USD $200 Million Debtor-In-Possession Financing

SAULT STE. MARIE, ON, Nov. 9, 2015 /PRNewswire/ - Essar Steel Algoma Inc. announced today that it has sought protection under the Companies'...


Oct 15, 2015, 13:15 ET Essar Steel Algoma Secures Alternate Iron Ore Supply

Withdraws Temporary Restraining Order SAULT STE. MARIE, ON, Oct. 15, 2015 /PRNewswire/ - Essar Steel Algoma Inc. announced today that it has...


Oct 06, 2015, 19:50 ET Essar Steel Algoma Files For Temporary Restraining Order Against Cliffs Natural Resources

SAULT STE. MARIE, ON, Oct. 6, 2015 /PRNewswire/ - On October 5, 2015 Essar Steel Algoma Inc. received notice from Cliffs Natural Resources Inc....


Sep 11, 2015, 11:00 ET Essar Steel Algoma - Proud Supplier to the Champlain Bridge Corridor Project

SAULT STE. MARIE, ON, Sept. 11, 2015 /PRNewswire/ - Essar Steel Algoma Inc. has contracted with Canam-Bridges, a division of Canam Group Inc., to...


Feb 16, 2015, 15:00 ET Essar Steel Algoma Third Quarter Results Signal Return to Profitability

SAULT STE. MARIE, ON, Feb. 16, 2015 /PRNewswire/ - Essar Steel Algoma Inc. signaled its return to profitability today reporting a net income...


Feb 13, 2015, 16:00 ET Essar Steel Algoma Inc. Files Counter Claim

SAULT STE. MARIE, ON, Feb. 13, 2015 /PRNewswire/ - Essar Steel Algoma Inc. (ESAI) announced today that it has filed counter-claims against its...


Nov 14, 2014, 17:10 ET Essar Steel Algoma Concludes US$1.4 billion Recapitalization and Refinancing Process

Positions Company for Sustained Profitability SAULT STE. MARIE, ON, Nov. 14, 2014 /PRNewswire/ - Essar Steel Algoma Inc. ("Algoma" or the...


Nov 07, 2014, 17:02 ET Essar Steel Algoma prices its offering of senior secured notes

SAULT STE. MARIE, ON, Nov. 7, 2014 /PRNewswire/ - Essar Steel Algoma Inc. ("Algoma" or the "Company") is announcing the pricing of an offering...


Oct 20, 2014, 12:25 ET Essar Steel Algoma announces proposed offering of senior secured notes and junior secured notes

SAULT STE. MARIE, ON, Oct. 20, 2014 /PRNewswire/ - Essar Steel Algoma Inc. ("Algoma" or the "Company") is commencing an offering of US$350 million...


Oct 17, 2014, 21:49 ET Essar Steel Algoma Announces Tender Offer And Consent Solicitation

 Essar Steel Algoma Inc. ("Essar Steel Algoma") announced today that it has commenced a cash tender offer (the "Tender Offer") to purchase any...


Oct 13, 2014, 19:30 ET Essar Steel Algoma Reports Strong Second Quarter Results for Fiscal Year 2015

SAULT STE. MARIE, ON, Oct. 13, 2014 /PRNewswire/ - Essar Steel Algoma Inc. reported today CDN $85.2 million in EBITDA for the three month...


Oct 10, 2014, 19:21 ET Essar Steel Algoma Announces Commencement of Comprehensive Recapitalization and Refinancing of the Company's Capital Structure

SAULT STE. MARIE, ON, Oct. 10, 2014 /PRNewswire/ - Essar Steel Algoma Inc. ("Algoma") announced today that it intends to launch a comprehensive...


Sep 26, 2014, 16:23 ET Essar Steel Algoma Turns Around Performance

SAULT STE. MARIE, ON, Sept. 26, 2014 /PRNewswire/ - Essar Steel Algoma Inc. (Algoma) is announcing guidance for the second quarter FY2015...


Sep 16, 2014, 10:15 ET Ontario Court Approves Essar Steel Algoma's Recapitalization and Refinancing Plan

Paves Way for Substantial Equity Infusion and Refinancing of Entire Capital Structure      SAULT STE. MARIE, ON, Sept. 16,...