Statement From Essar Steel Algoma

USW Local 2251 overwhelmingly ratifies collective agreement

SAULT STE MARIE, ON, July 27 /CNW/ - ESSAR Steel Algoma Inc. is pleased that USW Local 2251 has voted overwhelmingly in support of the tentative agreement reached on July 21, 2010.

This collective agreement is fair to our employees while recognizing the realities of the steel market. The early and overwhelming ratification allows the Company to provide our customers and the community with the confidence that we will be able to continue to operate and provide steel to our valued customers

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.

SOURCE Essar Steel Algoma Inc.

For further information: For further information: COMPANY CONTACT: Brenda Stenta, Manager Corporate Communications, Phone: +1.705.945.2209, E-mail: brenda.stenta@essar.com

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Essar Steel Algoma Inc.

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