Expansion plans of large steel producers, such as Tata Steel Ltd. and JSW Steel Ltd., could bolster the overall capacity addition by 30 million tonnes, according to Crisil. (Photographer: Jeff Kowalsky/Bloomberg)
Next Wave Of Debt Clean-Up May See Bigger Haircuts For Steelmakers, Says Crisil
Recoveries from stressed steelmakers, which are seeking or expected to seek resolution under the bankruptcy law, would be much lower than previous rounds, ratings agency Crisil Ltd. has said.The ne...