21
Aug
08:27
GFG may seek Australian debt guarantee
GFG Alliance has reportedly approached the Australian government seeking a guarantee of its debts, Kallanish notes. The company argues it will allow the business to expand, reports suggest.
GFG took over the bankrupt Arrium, including its Whyalla steelworks, in 2017. GFG told Kallanish that it has been in discussions with the state and federal governments (of South Australia and Australia) since the acquisition. It has launched a $600 million plan to boost …
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Anonymous
Very good overview of the weekly steel market.
Anonymous