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04 Mar
10:13

Greensill crisis may affect Whyalla DRI/EAF conversion: reports

Australian steel producer Whyalla steelworks’ equipment revamp has been called into question by issues with financing at parent company GFG Alliance, Kallanish notes from local media. Credit Suisse has suspended activity at a number of supply chain funds linked to Greensill Capital, a major lender to Liberty Steel (see Kallanish passim). The Whyalla operations are part of the global Liberty Steel network. Greensill Capital is an investment arm owned by&…
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