SAULT STE. MARIE November 9, 2015 – Essar Steel Algoma Inc. announced today that it has sought protection under the Companies’ Creditors Arrangement Act (CCAA) before the Ontario Superior Court of Justice in order to strengthen its financial health and solidify its long-term business prospects. The Company has initiated a corresponding filing in the United States under Chapter 15 to recognize and give effect to the Canadian filing. The Company fully expects to continue normal operations during its restructuring. “We have taken aggressive measures that succeeded in curtailing costs and significantly enhancing productivity, ranking Essar Steel Algoma among the top… Read More »