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ALGOMA CANADA
Study in Canada: Ontario plans to allocate nearly all study permits to public colleges and universitiesOntario unveiled an international study permit allocation plan, focusing on public universities, prioritizing labor market needs and French...
European steel market crisis hits global operations of Indian firms like Tata Steel, ArcelorMittalPoor demand coupled with rising imports from China seem to have added to the woes of steelmakers in Europe and the US, including Indian-own...
Indian steelmakers may attract anti-dumping duty in CanadaThe Canadian International Trade Tribunal is inquiring into the possible injury to the domestic industry and will issue its decision by Jan...
Indian steelmakers may attract anti-dumping duty in CanadaThe Canadian International Trade Tribunal is inquiring into the possible injury to the domestic industry and will issue its decision by Jan...
Essar Steel's canadian arm demands anti-dumping duty on Indian steelEssar Steel Algoma, the Canadian arm of Essar Steel, has sought anti-dumping and countervailing duty against Indian and Russian steel.
Essar Steel Algoma concludes $1.4 billion recap and refinanceEssar Steel Algoma said it has successfully completed the $ 1.4 billion recapitalisation and refinancing process.
Essar Power raises Rs 1,000 crore through bondsThe city-based company, which is a subsidiary of the London-listed Essar Energy, is offering a coupon of 12.5 per cent on the bonds.
- Ruias-led Essar Power to invest $8 billion in thermal power projects in nxt 3 years
Ruias-led Essar Power has earmarked an investment of $8 billion in the next three years for setting up thermal power projects in the countr...
- Essar may invest Rs 600 cr in Canada port facility
The Essar group is likely to invest almost Rs 600 crore in a port facility in Canada to facilitate trade from its subsidiary Essar Steel Al...
- Essar Group to ramp up capacity at US pellet plant to 7 million tonnes
The new pellet plant will secure Algoma's raw material needs. Expanded capacity will leave a surplus which can be sold in the market.
- Essar's takeover story a template for other cos
Essar’s negotiating officer realised that small allowances would go a long way in assuring the anxious workers of Algoma Steel that the Ind...
- Essar Group may make further investment in Canada
After acquiring Algoma steel in 2007, diversified Essar Group may make further investments in Canada across several areas.
- Essar Steel puts staff at Canadian business Algoma on layoff notice
Factors like a looming global recession and sagging commodity prices are forcing Indian corporates to slash their overseas production targe...
- Essar Steel Algoma to hike steel capacity
Canada-based Essar Steel Algoma, part of $5-billion Essar Steel Holdings (ESH), plans to invest close to Rs 1,200 crore in expanding its st...
- Essar to inject $160mn into Canadian ops; step up production
Essar Steel is pumping in USD 160 mn into Canadian operations to ramp up production to 3.6 mn tonnes per annum to feed demand in North Amer...
- Essar Steel to invest $1.6 b in US plant
ESSAR Steel Holdings plans to invest $1.6 bn over the next five years to build an integrated steel plant, with a capacity of 2.5 mn tonnes,...
- Essar completes Algoma buy, to cut costs
Essar Global plans to reduce costs and widen the product range of Canada's Algoma Steel Inc.
- Ruias to raise $900 m to fund Algoma buy
Essar Global, the international holding company for the Ruias, will raise $900 million through a combination of senior notes and loans to f...
- It’s a win-win deal all the way for Essar
The Canadian plant will add significantly to the cold rolling capacities of the group. Algoma supplies nearly 15% of the total Canadian ste...
- Essar Global to take leveraged buyout route for Algoma buy
Company to set up Canada-based special purpose vehicle (SPV); Algoma’s management may be retained.