Francisco Irazusta, now boss of the sprawling industrial business owned by Sanjeev Gupta, faces scrutiny over his role at a Spanish steelmaker.

Infrabuild and OneSteel Manufacturing – the owner of the Whyalla steelworks which was placed in administration in mid-February – delayed the lodgement of their 2024 financial year reports while Mr ...

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 ...

New York-based Fitch Ratings has downgraded a default rating for steel producer and scrap recycler InfraBuild Australia Pty Ltd. based on the financing woes of its parent company, the United ...

Sanjeev Gupta’s InfraBuild has struck two key agreements which should avoid a possible default on its debts but the $US150m in new debt at the heart of the deal is ...

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 ...

Australian steel business InfraBuild, the best performing operation in Sanjeev Gupta’s global steel company, will buy three large steel and wire companies in the United States from the parent entity ...

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 ...