31
May
18:01
Bhushan Steel continues to lose money in FY2016
India’s Bhushan Steel does not yet appear to have recovered from the problems that it suffered in 2014 and continues to make a loss. It's financial year 2016 results show that the steelmaker's after-tax losses more than doubled year-on-year, Kallanish learns from a stock exchange filing.
Total income from operations increased by 10.9 % to INR 1,180,264 Lakhs ($1.76 billion) in FY 2016, an indication that the company continues to grow sales. Th…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous