27
May
01:00
Erdemir above industry average, benefits from high utilisation, market position: S&P
Standard & Poor’s (S&P) has raised its long-term corporate credit rating on Turkey's biggest flat steel producer Erdemir to BB- from B+, with a “stable” outlook. The upgrade reflects the company’s strong operating performance and deleveraging in 2014 and 2015.
Erdemir continues to take advantage of the “supportive” supply and demand balance of the Turkish flat steel industry, high capacity utilisation rates, an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous