Nice work Ringer!  Algoma is a very valuable asset on so many strategic levels.  Well positioned to capitalize on infrastructure and defense here on our side of the globe, just as our good friend Babjak1 has so graciously outlined in her past posts; sleuth extrodinare.  I can see the lenders, now owners, of Algoma setting in motion revolutionary change to the steel market here in North America.  In this day and age of new technology it would be foolish of them to continue down the same road as the once Essar Steel Algoma.  Essar's standards of the past must change to meet the demands of the future. No question.

But in order for Algoma to successfully move forward they will have to deal with the high strength, light weight, anti-corrosive steels that will be in demand...If not, they will be destine to fail, just like Essar.  The only way to do that, economically and effectively, IMO, is by tapping into the chromite supplies our country has to offer.  So, in saying so, our biggest supporters of developing the Ring of Fire, responsibly of course, I believe will be the new owners of Algoma.  It will be their voice that motivates our government to find a common ground between industry and our First Nations.  Everyone knows we're headed toward a "Stainless Steel Industry" here in North America, and the Americans are going to be the ones that see to it that it happens. Whether we like it, or not.  But, then again, we would be fools not to get onboard.  Their Section 232 initiative, to me anyways, was a solemn reminded that we can't always rely on others to give us what we need. Especially, at the price we want, and in the time we want it. Sometimes you have to stop, or limit, that reliance, and look for something "Homegrown".

TM.