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Essar to invest $500mn in Algoma

Essar Group plans to invest $500 million (Rs 2,000 crore) to scale up the annual production capacity of its recently acquired Canadian steel company Algoma to 4 million tonne in three years from......

Essar acquires Algoma Steel

Ruias owned Essar Steel on Monday announced that they have agreed to acquire Canadian Algoma Steel for an aggregate value of Canadian $1.8 billion (approx. US $1.58 billion) to be paid in......

Zisco to propel Essar Steel into 20-mn-tonne club

Six months after buying a majority 60 per cent stake in Zimbabwean steel company Zisco, Essar Steel is now keen to build on Zisco's foundation and ramp up the existing infrastructure.According to......

'We need level playing field in mine allocation'

A global steel producer is putting up 14-million-tonne capacity, Essar Steel aims to achieve a global capacity of 20-25 mt.In an interview with Ishita Ayan Dutt, its chief executive officer, Malay......

Essar to buy US coal firm for $550-600 mn

The Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-600 million (Rs 2,500-2,735 crore). Trinity is owned by private equity investment......

People speak for algoma

QNA

Q. Sir,I have 250 shares in this company. What steps should I take for these shares looking at present circumstances? Please guide me
: A. It is trading at Rs.45.85.Its topline increased from Rs.6839 crore in March 06 to Rs.9000 crore in 07.Growth of 31%.Unfortunately the bottom line...... more

http://qna.rediff.com/questions-and-answers/siri-have-250-shares-in-this-company.-what-steps-should-i-ta//answers/4651514

Web results for Algoma

2013 is the Year of the Wildflower

The National Garden Bureau has announced that 2013 is the year of the wildflower and Encap has four wildflower mixes that would be perfect for your... ...

http://www.bizwireexpress.com/showstoryPRWeb.php?storyid=629396

GMS weekly report on ship breaking industry for WEEK 19

Few cash buyers have begun to adjust their offers in anticipation of any slowdown due to upcoming budgets or monsoon season. Indeed, the... ...

http://www.steelguru.com/international_news/GMS_weekly_report_on_ship_breaking_industry_for_WEEK_19/312046.html

FEECO to Participate in Trade Mission to Indonesia and Singapore

FEECO will be taking part in a global trade mission to Indonesia and Singapore from May 12-18. Green Bay, Wisconsin (PRWEB) May 10, 2013 FEECO... ...

http://www.bizwireexpress.com/showstoryPRWeb.php?storyid=617217

Essar Steel confirms amendment to Credit Agreement

Essar Steel Algoma Inc announced that the Company's lenders have approved an amendment to its September 2012 Credit Agreement allowing for credit... ...

http://www.steelguru.com/international_news/Essar_Steel_confirms_amendment_to_Credit_Agreement/311385.html

Fortis Earns $151 Million in First Quarter

Fortis (TSX:FTS) Intraday Stock Chart Today : Tuesday 7 May 2013 Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) achieved first quarter net... ...

http://in.advfn.com/p.php?pid=nmona&article=57451277

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