14
Nov
00:00
Bhushan Steel's miserable 2014 continues
India’s Bhushan Steel’s woes continue unabated. The Indian steelmaker reports a second successive quarterly net loss in its Q2 FY15 operating report in spite of a year-on-year rise in sales over the period.
This means that the company’s half-year performance has also hit the buffers. Bhushan’s troubles began in early August when its managing director Neeraj Singal was arrested following an anti-bribery investigation by the Indian auth…
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Anonymous
Very good overview of the weekly steel market.
Anonymous