22
Nov
08:56
Gupta plans to list, expand GFG Alliance scrap arm
GFG Alliance chief Sanjeev Gupta has said the group is considering a listing of its scrap businesses. Gupta revealed that the plan would start with the Australian scrap arm, previously part of Arrium, with the funds raised going into an expansion of capacity, Kallanish notes.
The Australian scrap recycling arm has a processing capacity of some 1.5 million tonnes/year in Sydney and Melbourne. New plants could be added however in Brisbane and Western Australia, Gu…
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