As Greensill's top client, Sanjeev Gupta sees cash source evaporate

Gupta's travails highlight how Greensill's fall from grace could affect the real world

Over the past decade, Sanjeev Gupta has built a reputation as one of the globe’s biggest boosters of steel, sealing a slew of deals for mills and smelters from Romania to Australia — while racking up billions in debt for moribund assets that few others wanted.
 
The former commodities trader has sketched out a vision of a greener future for steel, with his loose network of companies — GFG Alliance — leading the way. But the near-collapse of his biggest lender, Greensill Capital, has abruptly choked off a key source of funding and is threatening that pace of breakneck