Steel News


Bankruptcy & Restructuring

Reorganizations of companies; their operations and personnel; and their debts.

Latest News

Ontario Court Receives Stelco Restructuring Plan

14 Mar 2017 - Stelco Inc. has submitted a reorganization plan that, if successful, would keep the business intact and preserve more than 2,100 jobs, it has announced.

Steelworkers Refuse Mediation in Labor Discussions with Essar Algoma

02 Mar 2017 - A court-appointed mediator has scheduled mediation sessions among the United Steelworkers union, Essar Steel Algoma and the lenders looking to acquire the Canadian steelmaker. 

Essar Algoma CEO Blasts Parent Company's Request to Reopen Sales Process

03 Feb 2017 - Essar Steel Algoma chief executive Kalyan Ghosh issued a statement Friday criticizing his company’s corporate parent, calling it “opportunistic” for making another pass at the business during late-stage negotaions with a potential buyer.  

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