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EMBARGO FOR TWAM 12 OCT 2019  NO REUSE WITHOUT PERMISSIONHead of GFG Sanjeev Gupta visits the Arrium Steel plant in Whyalla, South Australia. Monday, July, 17, 2017. British industrialist Sanjeev Gupta plans to invest $1 billion or more in Arrium's Whyalla Steelworks to ensure its future viability. (AAP Image/David Mariuz) NO ARCHIVING

Whyalla losing $1.5m per day; ASX rises

Creditors meeting hears Sanjeev Gupta’s former steelworks owes $1.35bn after posting a loss of $319m in the seven months to January. ASX a sea of green with all sectors rising. Insurers fall on cyclone threat.

Original URL: https://www.goldcoastbulletin.com.au/business/companies/page/4