RAMESH: CENTRIN LOST $3M MONTHLY
by Francis Joseph Friday 5th March, 1993ATTORNEY -AT- LAW Ramesh Lawrence Maharaj yesterday painted a gloomy picture at Central Trinidad Steel Limited (Centrin). He said certain actions by the Caribbean Ispat Ltd have caused Centrin’s factories to close down, employees have been sent home, while international customers have cancelled their orders. Maharaj submitted further that the international customers have threatened not to deal with Centrin in the future, while local orders have also been cancelled. He added that Centrin and the Caribbean Steel Mills Ltd (CSM), known as the Downstream Re-Rollers, cannot fulfill the terms of conditions entered with their...
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