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03 Feb
20:49

Essar Algoma restructuring hearing moves to 9 February

Canadian steelmaker Essar Steel Algoma will seek court approval for its sale and investment solicitation process plan on 9 February, a company representative tells Kallanish. A hearing before an Ontario court judge was originally slated for 2 February, the representative says. If the judge approves the company’s plan, Essar will be able to continue with its court-monitored restructuring. Essar’s Sault Ste. Marie, Ontario, facility has a raw steel …
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