11
Jun
16:23
Usha Martin to divest steel business
Usha Martin is considering the divestment of its steel business in order to deleverage, Kallanish learns from the Indian firm. The board has voted to appoint an investment bank, consultant and advisor to evaluate proposals and oversee the sales process.
Usha Martin’s steel segment produces wire rod, as well as billet and pig iron. It accounted for 61% of the firm’s consolidated revenue in the fiscal year through March 2018. Steel segment revenue rose…
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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