The Dip financing for Essar Steel Algoma (now Algoma) was not extended by the judge. The lenders with secured assets can file a motion to lift the stay if they are not being paid and seize the companies secured assets...
And not a peep from the union.
But, Algoma is ....hiring..deadline July 7, 2017
https://www.sootoday.com/careers/front-line-supervisor-mechanical-maintenance-638606
This could mean something positive is coming from Algoma
And folks from Algoma were at the table on Wed. with the steel talks
https://twitter.com/Algoma1901/status/872549222050037761
https://twitter.com/CSPA_ACPA