rental man
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WATCH: Trump to announce so-called 'Liberation Day' tariffs
25He is a great leader who is doing what he was elected for and is fighting for American jobs. His tariffs will generate trilions of dollars for the US economy. Wish he was the leader of this country. This country need a Trump card.
98- rental man
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Algoma Steel issues historic statement on blast furnace, cokemaking
SooToday 32Those are quite impressive medical stats however they are not substantiated and have very little or nothing to do with past steel production. The great Algoma steel is no longer great. They will nothing more than a mini mill with maybe eight hundred employees. The quality of the steel from EAF is no where near traditional methods. Quit the snow job.
46- rental man
Mood at Algoma Steel is 'terrible' one day before Trump could increase tariffs to 50%
SooToday 43Typical Algoma. Run to the government for a bailout when they can,t pay their bills. Don,t worry, they are well versed in the bankruptcy protection route from previous episodes. Maybe they should have put some money aside in better times when they handed out huge bonuses and profit sharing cheques.
28- rental man
City council commits $15 million to Port of Algoma
SooToday 38Don,t expect the tax payers of this city to carry the burden of this dream.We are already over taxed.
14- rental man
Algoma Steel creates first plates for the Polar Max icebreaker
SooToday 15Small potatoes. Anything to hype up the falling price of their stock.
24- rental man
Algoma Steel will receive more help under majority gov't: Sheehan
SooToday 31Right. More tax payer free money grants to expand. Is that same government going to hand out grant money to small businesses to keep them from going into bankruptcy. Not likely.
5- rental man
Canada to impose 25% tariffs on $29.8B in U.S. goods Thursday
28when you poke the bear.be ready for the reprecussions
8- rental man
Algoma Steel asks Ontario court to void contract with U.S. Steel
SooToday 12A contract is a contract. You will be unable to get out of it and will have to pay up. It,s okay, the Ontario tax payers will foot the bill for you once again. Fire the head of purchasing and VP.
16- rental man
Algoma Steel’s submarine hopes may be dead in the water
SooToday 21Another set back. Maybe the vice-president of humann rescources and corporate affairs can use her great managerial skills to get politicians to reverse their decision.
7- rental man
Algoma Steel CEO lays it on the line in speech to investors
SooToday 19You painted an optimistic picture for investors but deep down you and your management team know you are running on a shoe string budget with one foot in the grave and the other on a banana peel.
7- rental man
Algoma Steel supervisors hit with temporary layoffs
SooToday 20Get rid of the head of purchasing first. Doesn,t have a clue what is going on in Algoma and by the way still working from home in Toronto.
5- rental man
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Feds pushing for 1,000 new jobs at Algoma Steel, industry minister says
SooToday 17Sure thing. Just do it the Algoma way. Wait for the government to grant millions to complete their renovations for them with taxpayer dollars. Is the government going to give money to small businesses to avoid bankruptcy. Algoma will never succeed as long as it continually relies on government cash infusion to keep it going. Management needs to take some business lessons from Tenaris!
7- rental man
Those 500 new jobs at Algoma Steel aren’t a done deal
SooToday 13Crying for more money from taxpayers to keep a profit losing company alive. Start cutting any FLS,s under eight years and any employees under 15years service . Get rid of the vice president of human resources and corporate affairs and finish off with a handful of overpaid executives. Time to eat some humble pie. You might just then be able to survive.
8- rental man
Algoma Steel could receive help from new financing program
SooToday 13Let us not forget that about eight years ago Algoma went into bankruptcy protection and all local contractors were stiffed for hundreds of thousands of dollars for outstanding work and labor costs owed to them. No government funding program was ever developed to compensate them for their losses. They were basically told that there would be no repayment from Algoma for their losses. Now they run to daddy for more money to keep them afloat after poor executive management decisions and expenditures and no diversification in the steel market. They get rewarded with a billion dollars. Typical. Give them some time and they will burn that money up too and maybe even give themselves a salary raise along the way.
7- rental man
Algoma Steel shuts down blast furnace for repairs
SooToday 1All nice to know but where are you going to sell your steel once March/14 arrives. Time to start trimming the fat and prepare for the storm.
18- rental man
Algoma Steel CEO directs message to his nervous workforce
SooToday 16Let,s be realistic. The defense and shipbuilding demand will never ever replace the steel plate demand from the US market Algoma once held. They may survive but just barely. How long will the 500 million or so last with a company that is continually in the red and begging for hand outs from the government. The once great Algoma Steel is no more. Time for management to eat some humble pie.
3- rental man
Algoma Steel signs agreement with South Korean sub builder for $345 million
SooToday 8Don,t break out the champagne just yet. Intel reveals the contract has a good possibility it is going to Germany. Better steel quality there.
11- rental man
Snow-removal customer feels like he got 'scammed'
SooToday 12Northern Snow is owned by Nicholas Chiarot and Stefano Narducci. Both owners have decided to immediately refund any surcharge they have added due to excessive snow fall that has occurred this winter. Customer satisfaction is their main priority and they acknowledge the importance of that in this community. Thankyou for your patience and cooperation. Bruno Chiarot
5- rental man
Algoma Steel responds to retraining money from feds and province
SooToday 14Nice little article conveniently sent one day before Algoma will be announcing tomorrow of another quarter of huge losses. Taxpayers are not interested in continually funding a company that is basically unable to financially substantiate its existence.
3- rental man
Big losses continue at Algoma Steel
SooToday 9More tax payers money gone to waste. If there is continual substantial quarterly losses, why keep a company operating. They talk about the second EAF furnace starting up shortly. With what money and with non existent steel orders this company is going nowhere but down.
7- rental man
