Sheehan talks to Essar CEO. He's not asked to help

Soon-to-be Sault MP Terry Sheehan spoke today with Kalyan Ghosh, chief executive officer of Essar Steel Algoma Inc.

"He was open and transparent about what is transpiring," Sheehan said.

"The CEO seems to have a firm grasp of the restructuring process. They have not made any request to me."

Sheehan, who will be sworn in later this month, says he will meet Ghosh face-to-face later this week, "to delve into this matter and offer my assistance as need be."

"It’s very important to me," Sheehan said of Essar's current difficulty.

"I’m going to be there with them. We’re going to have to be very optimistic about their ability to restucture and continue to operate this facility

Sheehan said he's confident because Essar Steel is one of the world's most efficient steelmakers.

Essar Steel Algoma disclosed today that it is seeking protection under the Companies’ Creditors Arrangement Act.

(PHOTO: Sault MP Terry Sheehan with Prime Minister Justin Trudeau during a stop in the Sault during the 2015 federal election.)

Earlier SooToday coverage of this story

'We expect to come out of this a much stronger company' - Kalyan Ghosh

Mayor already talking to Essar Steel Algoma

Essar Steel Algoma to continue operations during restructuring

Essar Steel Algoma enters creditor protection, says report