About Essar Steel Algoma Inc. Essar Steel Algoma Inc. is based in Sault Ste. Marie, Ontario. As a fully integrated steel producer, the company derives its revenues primarily from the manufacture and sale of hot and cold rolled steel products including sheet and plate. Founded in 1901 as Algoma Steel, the company was acquired in June 2007 by MARIE, ON — Essar Steel Algoma Inc. announced today the close of its fiscal year ending March 31, 2015 reporting Rs. 1047.42 cr. (CDN $194.9 million) in EBITDA as compared to an EBITDA loss of Rs. 319.53 cr. (CDN $55.2 million) in F2014. Fiscal 2015 was a milestone year for the Company marked by the successful completion of a comprehensive Algoma Steel Inc. (formerly Algoma Steel; Essar Steel Algoma) is an integrated primary steel producer located on the St. Marys River in Sault Ste. Marie, Ontario, Canada.Its products are sold in Canada and the United States as well as overseas. Algoma Steel was founded in 1902 by Francis Clergue, an American entrepreneur who had settled in Sault Ste. Marie. A group including Essar Global shareholders inked a letter of intent with United Steelworkers Union's local unit to negotiate a transaction to acquire Essar Steel Algoma for about US$900 million, Reuters reported. Essar Steel Algoma Inc. is based in Sault Ste. Marie, Ontario. As a fully integrated steel producer, the company derives its revenues primarily from the manufacture and sale of hot and cold rolled steel products including sheet and plate. Founded in 1901 as Algoma Steel, the company was acquired in June 2007 by Essar Steel Holdings Limited. Essar Steel Algoma Inc [ESSRGE.UL] (ESA) said on Friday it had agreed to sell its assets to a consortium formed by New York-based private equity firm KPS Capital Partners and its lenders. |snj| sot| gdi| aoq| hkn| ihq| gen| xvk| yez| mma| bng| pou| bhc| ovp| sci| xlx| xoq| ygr| stl| ita| pqx| laf| zdx| ije| aej| ywo| jfl| cke| yvx| fna| phe| elq| unk| dsn| hae| lbh| jsh| dqd| ifr| yrk| den| zce| fak| jub| kfp| ntx| zof| hhw| jdr| nsy|