Essar Steel Algoma Selects New Chief Executive Officer

May 2, 2011

SAULT STE. MARIE, ON, May 2 /PRNewswire/ – The Board of Directors of Essar Steel Algoma Inc. is pleased to announce the pending appointment of James
Hrusovsky as Chief Executive Officer of the Company.  The appointment
and effective date are subject to pending regulatory approval.

Mr. Hrusovsky, 54, has held a number of senior executive positions in
the steel industry, most recently as Chief Executive Officer, Severstal

Mr. Malay Mukherjee, CEO Essar Steel Business Group, said, “We are very
pleased to attract an individual with Mr. Hrusovsky’s skills to serve
as the Company’s C.E.O.  Mr. Hrusovsky is one of the leading executives
in the steel industry with over 29 years of experience in nearly all
aspects of steel making including research, quality, product
development, engineering, capital projects, sales and profit centre

Mr. Hrusovsky commented on the pending appointment, “I am excited to
join Essar Steel Algoma.  Under the Essar brand, this company has
continued to grow and expand in the North American steel industry and I
look forward to working with the employees, unions, investors,
directors and other stakeholders to continue to build a profitable and
successful company.”

Essar Steel Algoma Inc. is based in Sault Ste. Marie, Ontario.  Revenues
are derived primarily from the manufacture and sale of rolled steel
products, including hot and cold rolled sheet and plate.

SOURCE Essar Steel Algoma Inc.

Source: newswire

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