Essar Steel Algoma
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Essar Steel Algoma Hires Debt Restructuring Advisers: Report
The move illustrates the impact of the drop in steel prices on companies such as ESA. Credit rating agency Moody's Investors Service Inc warned earlier this month that it saw no meaningful catalyst for an improvement in ESA's performance.
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Essar Steel Algoma Net Income at $21 Million
The Ontario-based company, a unit of the Ruias-controlled Essar Steel, had reported a net loss of $30.65 million in the same quarter last year.
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Essar Steel Algoma Posts $21 Mn Net Income in December Quarter
Shipments for the quarter were 6.18 lakh tonnes, up 4.7 per cent as compared to the same period last year. Average realised sales returns improved in the quarter by 15.8 per cent.
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Essar Steel Canadian Unit Q2 Profit at Rs 288 Crore
Essar Steel Algoma, the Canadian subsidiary of Essar Steel, on Wednesday reported a profit after tax of 52.9 million Canadian dollars (Rs 288.52 crore) for the second quarter on higher sales and selling price.
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Essar Steel's US arm signs 10-year supply pact with ArcelorMittal
Essar Steel today said its US subsidiary, Essar Steel Minnesota LLC (ESML), has entered into a 10-year agreement with ArcelorMittal, USA, for annual supply of 3.5 million tonnes (MT) of iron ore pellets.
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Essar Steel Algoma Hires Debt Restructuring Advisers: Report
The move illustrates the impact of the drop in steel prices on companies such as ESA. Credit rating agency Moody's Investors Service Inc warned earlier this month that it saw no meaningful catalyst for an improvement in ESA's performance.
-
Essar Steel Algoma Net Income at $21 Million
The Ontario-based company, a unit of the Ruias-controlled Essar Steel, had reported a net loss of $30.65 million in the same quarter last year.
-
Essar Steel Algoma Posts $21 Mn Net Income in December Quarter
Shipments for the quarter were 6.18 lakh tonnes, up 4.7 per cent as compared to the same period last year. Average realised sales returns improved in the quarter by 15.8 per cent.
-
Essar Steel Canadian Unit Q2 Profit at Rs 288 Crore
Essar Steel Algoma, the Canadian subsidiary of Essar Steel, on Wednesday reported a profit after tax of 52.9 million Canadian dollars (Rs 288.52 crore) for the second quarter on higher sales and selling price.
-
Essar Steel's US arm signs 10-year supply pact with ArcelorMittal
Essar Steel today said its US subsidiary, Essar Steel Minnesota LLC (ESML), has entered into a 10-year agreement with ArcelorMittal, USA, for annual supply of 3.5 million tonnes (MT) of iron ore pellets.
