CAPITAL MARKETS

Arrium slumps on 'disappointing' half-year

SHARES in Arrium lost more than a fifth of their value today after weak iron ore and steel prices led to another loss for the company.

Kristie Batten
Arrium slumps on 'disappointing' half-year

Arrium posted an underlying net loss after tax of $A24 million due to lower iron ore prices, but the statutory net loss after tax was $236 million, including asset impairments, restructuring and other...

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