The embattled steel products company finalised a new $US150m debt finance deal, easing immediate pressure, with some $700m of free cash now on the balance sheet ...

FitzWalter purchased bonds in InfraBuild Australia, owned by Mr Gupta and the country’s largest processor and distributor of long-steel products, but took legal action claiming there had been a ...

More than 200 workers struck for two hours last Thursday at Infrabuild’s steel fabrication complex in Newcastle, 140 kilometres north of Sydney. The site is just 3 kilometres from Molycop’s steel ...

Australian GFG Alliance steelmaking business unit secures financing in a potential bid to acquire control of Liberty Steel assets, including Illinois Keystone mill. Australia-based Infrabuild, which ...

The Australian steel business of British industrialist Sanjeev Gupta has lent funds to other parts of his debt-plagued global operations, even though December-half profits plunged by 75 per cent and ...

Fitch Ratings downgraded InfraBuild Australia Pty Ltd. further into junk, saying it sees an “elevated” probability that the Australian steel producer will default on $550 million of notes within the ...

Sanjeev Gupta’s InfraBuild could default on $880m in debt imminently according to ratings agency Fitch, while cheap steel imports will put further pressure on profitability. Infrabuild and OneSteel ...

Francisco Irazusta has had a unique view of the slow unwinding of British industrialist Sanjeev Gupta’s global empire. Last week, the British government stepped in to take control of Gupta’s sprawling ...

The United Kingdom-based GFG Alliance has moved forward in a previously announced process to realign and rebrand some of its metals production and recycling operations. The company’s website indicates ...