19
Oct
16:25
UK's Caparo Industries close to administration: reports
UK-based sections producer Caparo Industries is close to entering administration, Kallanish learns from press reports. According to sources in the industry, the company is suffering from the impact of the strong sterling, the surge of cheap steel products imported from China as well as the fall in oil prices.
As reported by several British media outlets, in the last few days the group evaluated several different funding possibilities to overc…
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