15
Jul
17:10
USW seeks transparency in Algoma buy
The Canadian wing of the United Steelworkers (USW) labour union is calling for more transparency in the sale and investment solicitation process surrounding Essar Steel Algoma, Kallanish learns from a union release.
Captial investment company KPS Capital Partners pulled out of a potential deal to buy the bankrupt steelmaker this week, though certain unnamed term lenders are reportedly still interested in a buy.
"The USW understands KPS could have brought…
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Anonymous
Very good overview of the weekly steel market.
Anonymous