Essar Steel Algoma in the red again

Aug 13, 2013 | 07:15 PM |

Tags  steel prices, flat-rolled, Essar Steel Algoma, Sault Ste. Marie, earnings report

NEW YORK — Essar Steel Algoma Inc. posted its sixth consecutive quarterly loss due to lower steel prices, but expects a return to profitability in the near term on recently rebounding flat-rolled tags, the company....

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