Arrium to meet lenders in effort to stay afloat as debt tops $2 billion – Sydney Morning Herald
Booming steel exports from China have hurt Whyalla’s prospects for survival. Photo: AP Arrium will meet its financiers in the next few days to discuss if the South Australian steelmaker has a hope of survival. The company, which has warned it may be forced to close its Whyalla steelworks and iron ore mines, will meet with its…