06
Jul
22:12
Finance costs continue to damage Bhushan Steel
India’s Bhushan Steel has once again made significant operating losses both quarterly and annually. In a stock exchange posting for its financial year-ending 31 March 2017 (FY 2017) monitored by Kallanish, the company accounts show that growing finance charges continue to haunt the steelmaker.
Two weeks ago Bhushan’s lenders, led by the State Bank of India, finally pulled the plug on the automotive steel specialist and have begun to implement bankrup…
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Anonymous
Very good overview of the weekly steel market.
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