Allcargo Logistics Ltd has announced its unaudited financial results for the quarter ended September 30, 2016.
The net debt of the top 30 steel companies globally has touched a record high of over $150 billion, according to consultancy firm Ernst and Young (E&Y). The global consultancyÂ´s report also reveals that major part of this debt is with companies in India, China and Brazil.
India is the third largest pre-engineered building (PEB) market in the world after the US and China. With a market size of about half a million metric tonne and a growth rate of 8-10 per cent, according to industry estimates, however, the growth hasn't been a pervasive one.