29
Apr
17:09
Moody's upgrades MMK ratings
Russian steelmaker MMK tells Kallanish that credit rating agency Moody’s has upgraded both the company’s corporate family rating and its probability of default rating.
MMK’s corporate family rating rises to Ba1 from Ba2 and its probability of default rating to Ba1-PD from Ba2-PD.
“The upgrade of MMK’s rating reflects Moody’s expectation that the company’s financial metrics will remain robust as it proceeds with debt r…
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Anonymous
Very good overview of the weekly steel market.
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