Algoma Steel no longer for sale
Instead of getting swept up in global consolidation, Algoma Steel Inc. has withdrawn itself from the market and will instead pay a $6 per share dividend to its shareholders. Shareholders will receive approximately $241 million in cash in a special dividend. The company will also buy back 3.3 million of its 40.1 million of its outstanding shares in the next year. Algoma recently announced its second quarter net income fell 28 percent. The company attributes sinking steel prices for its earning woes. Algoma Steel is an integrated steel producer based in Sault Ste. Marie, Ontario. Revenues are derived primarily from the manufacture and sale of rolled steel products including hot and cold rolled sheet and plate.Algoma Steel no longer for sale
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Chequered Sheet
Thickness
2 - 10 mm
Width
600 - 1,300 mm
Length
1,500 - 4,000 mm
St 37-2 DIN 17100
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Printed Sheet-Pressure Sheets
Thickness
0.5 - 2 mm
Width
600 - 1,200 mm
Length
400 mm
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Hot Rolled Plate
Thickness
6 - 12 mm
Width
1,000 - 1,500 mm
Length
6,000 - 12,000 mm
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
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