15
Dec
18:19
Bhushan Steel sees finance charges sink operating profit
India’s Bhushan Steel continues to generate quarterly losses more than two years after the controversy surrounding the arrest of its managing director Neeraj Singal. The steelmaker remains under pressure from its high cost of financing, Kallanish notes.
As appears to have become standard practice, the steelmaker posts its accounts to the stock exchange on a quarterly basis as per its statutory requirement. It makes little other comment however on how the b…
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Anonymous
Very good overview of the weekly steel market.
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