Algoma Steel logs $30.8M loss in third quarter

Nov 26, 2007 | 07:26 AM | Maria Guzzo

A blast furnace outage and lower steel prices cramped Algoma Steel Inc.'s profitability during the quarter ended Sept. 30.

Sault Ste. Marie, Ontario-based Algoma posted a quarterly net loss of Canadian $30.8 million ($31.2 million) on sales that fell 28.7 percent to C$368.5....

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