10
Mar
16:03
Moody's reduces JSW outlook on worse performance
Moody’s has changed the outlook on JSW Steel’s ratings to stable from positive, reflecting JSW's weaker-than-expected operating performance and expectations the company's credit metrics will take longer to improve.
Indian steel consumption growth slowed to about 3.5% for the nine months through December 2019 from 7.5% growth for the fiscal year through March 2019. This was driven by sluggish economic activity, which has weakened demand from ste…
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Anonymous
Very good overview of the weekly steel market.
Anonymous