Essar Steel Algoma located in Sault Ste. Maris, Ontario announced on Friday that it has reached an agreement with its iron ore pellet supplier, Cleveland Cliffs, for iron ore pellets for a price and agreement that will remain in effect until certain negotiation settlements are made.
Essar Steel Algoma is said to be pleased with its interactions with Cleveland Cliffs.
A member of the Essar Group, Essar Steel Algoma Inc. is based in Sault Ste. Marie, Ontario. As a fully integrated steel producer, the Company derives its revenues primarily from the manufacture and sale of hot and cold rolled steel products including sheet and plate.