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03 Feb
00:00

'Sustained bombing' in Ukraine could further hit Metinvest production: Moody's

Sustained bombing in Ukrainian cities where Metinvest has production facilities risks causing severe operational disruptions that could further depress capacity utilisation and harm the company’s credit quality, according to credit rating agency Moody’s. Last month’s escalation of fighting in Mariupol caused only minor damage to a switching station that feeds water to Metinvest’s Azovstal plant. There was however no direct damage to e…
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