17
Feb
14:34
Bhushan Steel continues to report a loss
India’s Bhushan Steel saw another tough operating quarter ending 31 December 2015, the company reports in a stock exchange filing monitored by Kallanish.
The automotive steel producer has been in the financial doldrums for 18 months since the arrest and subsequent release of its managing director on alleged bribery charges. The company’s share price took a hit following that episode and has yet to recover. On 17 February it stood at INR 36.05 ($0.53)…
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Anonymous
Very good overview of the weekly steel market.
Anonymous