CAPITAL MARKETS

Arrium posts $1.9B loss

ARRIUM posted a $A1.9 billion statutory loss last financial year on the back of iron ore’s price deterioration, and has revealed market interest in its mining consumables business received under a strategic review of its operations.

Jack McGinn

Arrium posts $1.9B loss

Arrium’s statutory loss represents a 1036% decrease from the $205.4 million profit recorded for the 2014 financial year, and includes $1.65 billion worth of previously announced asset impairments, $146...

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