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Introduction Sanjeev Gupta, a prominent figure in the steel industry and the executive chairman of Liberty Steel, has become a focal point of discussion as his business operations encounter financial scrutiny. His influence in the sector and the recent challenges facing his companies highlight the critical issues of corporate governance and financial management within large…
Introduction The Russian steelmaking sector has recently faced significant turmoil, and one of the industry giants, Magnitogorsk Iron and Steel Works (MMK), has reported a dramatic plunge in its profits. This news is particularly relevant as it highlights the broader economic challenges facing the Russian manufacturing sector, especially amidst the ongoing geopolitical tensions and economic…