02
Oct
19:18
Essar Algoma plans 100 layoffs says local politician
Steelmaker Essar Algoma of Sault Ste. Marie, Ontario, plans to lay off about 100 employees due to poor market conditions, Kallanish learns from a local politician.
City councillor and parliament-hopeful Terry Sheehan says the layoffs are a direct result of unfairly traded imports. A spokeswoman for Essar did not immediately respond to requests for comment.
“Unfortunately, the current government is more concerned about other issues than the economy and t…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous