28
Jul
01:00
Essar Steel Algoma swings to positive results in fiscal 2015
Canada’s Essar Steel Algoma swung to positive results in the year ending 31 March 2015, marking fiscal 2015 as a “… milestone year”, according to the company. The flat rolled steelmaker maintained shipment volumes despite “… an onslaught of imports and recovering demand,” Kallanish notes.
The company successfully completed a recapitalisation and refinancing valued at $1.4 billion in fiscal year 2015. It returned to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous