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  • Business

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
Essar revamps foreign biz

The Essar group is putting more money into its two struggling units in North America, cutting costs in its Stanlow refinery and has sold a part of... ...

http://www.business-standard.com/article/companies/essar-revamps-foreign-biz-114073000218_1.html
VIA Rail's Employees To Serve On The Sudbury White River Passenger Train Service

VIA Rail Canada (viarail.ca) is pleased to announce that as of July 29, 2014, it will assume operation of the passenger train service between... ...

http://www.travelandtourworld.com/news/article/via-rails-employees-serve-sudbury-white-river-passenger-train-service/
Essar Steel Algoma staves off third round of bankruptcy protection

(Follow @steelguru on Twitter for important updates) Essar Steel Algoma Inc, considered making its third trip through bankruptcy protection in a... ...

http://www.steelguru.com/international_news/Essar_Steel_Algoma_staves_off_third_round_of_bankruptcy_protection/344767.html
lgoma Central christens second Equinox bulker

Algoma Central Corporation reports the arrival in Canada and the christening of its second Equinox Class bulk cargo vessel, the Algoma Harvester.... ...

http://logistic.steelguru.com/global/2067/lgoma_central_christens_second_equinox_bulker
Essar Steel Algoma files for chapter 15 Protection

Essar Steel Algoma, a Canadian steelmaker, started court proceedings in Ontario to carry out an agreement with a majority of unsecured bondholders... ...

http://www.business-standard.com/article/companies/essar-steel-algoma-files-for-chapter-15-protection-114071800112_1.html

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