CommoditiesFeatured ArticleIron ore price

Whyalla steel profitable, after all

David Llewellyn-Smith
Wednesday, 13 April 2016
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From Nine:

The insolvency firm installed as administrators for embattled steelmaker Arrium has been replaced, less than a week after it was appointed.

A push by the Australian Workers Union and lenders to have firm Grant Thornton replaced was today successful, with KordaMentha to take over as administrators.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.