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GFG Alliance Reviewing
6/11/2020 钣金展-激光展- Laser expo, Sheet Metal Industry expo |
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ustralian Financial Review reported that British billionaire Sanjeev Gupta has started a review of the Whyalla steelworks to strip out costs, as he prepares to replace the ageing blast furnace with a AUD 1 billion-plus electric arc furnace and modern steel-making facility by 2024. He wants the existing plant to run as leanly as possible for the next three years while the new one is built to replace it, in the first of GFG''s green steel transformations of outdated steel-making facilities. The COVID-19 pandemic has triggered an overhaul of Mr Gupta''s plans for the steelworks, which has been battling against financial losses in a weaker economy.
Mr Gupta''s GFG Alliance bought the failed Arrium group, including the Whyalla steelworks and a nearby iron ore mine in the Middleback Ranges in northern South Australia, for AUD 700 million in 2017. The Arrium businesses had been under the control of administrators KordaMentha for 16 months, after collapsing in April 2016. The buyout of the Whyalla steelworks and the other Arrium assets saved about 3000 jobs in the South Australian township, which has a population of about 22,000. 钣金展-激光展-2020年第二十一届广州国际激光设备及钣金工业展 -2020 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition -Sheet metal exhibition, Sheet metal expo, 2020 Sheet metal exhibition, 2020 Sheet metal expo, China Sheet metal exhibition, China Sheet metal expo, Laser Equipment exhibition, Laser Equipment expo, 2020 Laser Equipment exhibition, 2020 Laser Equipment expo, Laser exhibition, Laser expo
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