Announcement

Thursday, February 10, 2011

Essar Steel Algoma Q 4 loss widen YoY

Essar Steel Algoma reported a net loss of CAD 194.9 million for the quarter ended December 31st 2010. For the comparable quarter ended December 31st 2009 the net loss was USD 63.3 million.

The company also reported an EBITDA of negative CAD 155.7 million for the quarter compared to an

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