Brookfield is making a pattern here. 

graphite electrodes, power plant bought by essar algoma, and yesterday this rail purchase...

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 announced yesterday was Brookfield's purchase of Genesee & Wyoming Inc for 8.4 billion

Will they now save Huron Central Rail which is very important to Essar Steel Algoma?

https://www.bnnbloomberg.ca/brookfield-buys-rail-operator-genesee-for-8-4-billion-1.1281014

An affiliate of Brookfield Asset Management Inc. agreed to buy Genesee & Wyoming Inc. for US$8.4 billion including debt to expand its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.

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https://www.northernontariobusiness.com/industry-news/transportation/huron-central-railway-survives-for-another-year-1116192

The Huron Central’s Montreal-based parent company, Genesee & Wyoming Canada, imposed a Nov. 1 deadline to pull service on the 278-kilometre Sault Ste. Marie-to-Sudbury line.

Freight service still continued past the deadline, Romano said, since the fundamentals of the one-year agreement were already in place, just not finalized until recently.

The funding is only a fraction of the $43.2 million that the railway said it needs from the federal and provincial governments for track maintenance and government-mandated safety upgrades at level crossings.

The company’s application to the National Trade and Corridors Fund was rejected by Transport Canada last spring because matching provincial dollars were not in place, first.

The Huron Central employs 44 in the Sault and Sudbury but supports thousands of industrial manufacturing jobs in hauling steel, forest products and chemicals for Algoma Steel in Sault Ste. Marie, Domtar in Espanola, and EACOM in Nairn Centre.

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Brookfield swallowed up Graftech(maker of Graphite electrodes) in 2015 and did an IPO last year.

https://www.reuters.com/article/us-graftech-ipo/graftech-ipo-nets-brookfield-smaller-than-expected-windfall-source-idUSKBN1HP37C

https://ihsmarkit.com/research-analysis/a-crisis-is-brewing-for-steelmakers-from-a-shortage-of-graphite-electrodes.html

In recent months an unexpected crisis has erupted for steel making. Graphite electrodes are in short supply, and without them some steel makers cannot continue production. Few people have heard of graphite electrodes; that is because they are one of those parts you assume will always be readily available. Now there is a disruption, and steel buyers will face price increase. Worse still, buyers might face the looming possibility of steel shortages, shutting down manufacturing lines or construction projects.

Why are graphite electrodes important for steel? They are literally essential in one type of steelmaking, electric arc furnace, or EAF. Globally just over 25% of steel is made in electric arc furnaces. In the United States 67% of steel is created using the EAF method, and in some other major markets like Italy it is over 75%. Even blast furnaces make use of electrodes during the refining process. Stainless steel uses electrodes faster than regular carbon steel. Stainless steel is generally more processed and higher specification than carbon steel. This extra value requires extra refining.

Outokumpu imposed a surcharge back in 2017

"Outokumpu introduces a graphite electrode upcharge for all stainless steel products with immediate effect. The tight supply situation within the graphite electrodes market has led to limited global availability of graphite electrodes and sharp increases in their prices. This has in turn led to significant increase in the production costs of stainless steel."

https://www.outokumpu.com/en/news/2017/outokumpu-takes-graphite-electrode-upcharge-in-use

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power plant.. from last year....

Brookfield sold their Co-gen power plant to Essar algoma

https://www.sootoday.com/local-news/co-generation-plant-is-back-online-1004337

Former Brookfield Renewable Power co-generation plant was acquired by Algoma four months ago. supplied