Algoma losses.
| Position | Algoma Steel Corporation Ltd. - Around the North - Brief Article |
Algoma Steel Corp. reported a $69.9-million loss for the first half of the year. The loss was $4.2-million more than the loss reported during the first half of 1990. Algoma attributed the result to a weak market for steel, a strong Canadian dollar and the difficulty of resuming operations and re-entering markets following last year's strike/lock out. The company announced that at least 200 employees of...
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