08
Jul
21:04
Essar Minnesota declares bankruptcy, loses mine lease
Essar Steel Minnesota has filed for bankruptcy following Minnesota Governor Mark Dayton’s termination of its lease in the Iron Range due to unpaid debts, Kallanish reports.
“This morning I instructed the Minnesota Department of Natural Resources to terminate Essar Steel Minnesota’s lease agreements with the state,” the governor says in a statement. “The company has been told for the past nine months that the state would not ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous