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Sanjeev Gupta expects steel price inflation to climb higher as a result of Ukraine war

The British billionaire is determined to eventually tap public markets, as a $6 billion Greensill Capital refinancing push enters a second year. ....

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Gupta's Infrabuild steel doubles profits in Australia

GFG’s Whyalla steelworks lifted production by 17 per cent, Tahmoor coal sales were up 82 per cent but energy costs are soaring in Europe. ....

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Whyalla steelworks a pawn in Credit Suisse game: MP

Whyalla steelworks a pawn in Credit Suisse game: MP
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Gupta's GFG says Whyalla refinancing getting closer

Guptaâs GFG says Whyalla refinancing getting closer
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Sanjeev Guptaâs GFG Alliance says a proposed refinancing of the Whyalla steelworks and Tahmoor coal operations in NSW is well advanced, and the proposals being worked through would be enough to pay all creditors to those two businesses.
The statement came after Swiss financial services giant Credit Suisse moved on Tuesday to wind up the 56-year-old South Australian Whyalla steelworks and the Tahmoor coal operations in NSW with court action commenced in the NSW Supreme Court.
Sanjeev Gupta at an iron ore mine near the Whyalla steelworks in 2017.Â
A statement on Wednesday morning from the British steel billionaireâs GFG said it was in âadvanced due diligenceâ on several offers of finance from unnamed large investment funds for the two operations in South Australia and NSW. ....

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Greensill's long and winding road to oblivion

Greensill's long and winding road to oblivion
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