There's a risk in the Australian steel making due to the collapse of Greensill that affected the supply chain.
Temco, a manganese smelter is supplying refined manganese alloys to Whyalla, Bluecope NSW and other steel mills.
Greensill bought 60% stakes from Temco late last year and now It's going sell the steel business in Australia.
The supply issue is so dangerous.
I'm out for now.
Ann: Preliminary unaudited 1HFY21 underlying EBIT of around $530M, page-75
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