EssarSteel   Essar Steel Algoma says it is now into Phase 2 of the Sales and Investment Solicitation Process and the closing deadline is to be determined.  This after the compay received several bids at the close of the First Phase on Friday as it tries to find a buyer or investment partner as part of the process.  Essar Steel Algoma has been operating under the Companies Creditors Arrrangement Act since November 9th and launched the Sale and Investment Soliciation Process on February 11th.