29
Mar
14:01
Rapid steel market rebound improves ArcelorMittal outlook: Fitch
A faster-than-expected rebound in steel markets is a major factor behind Fitch Ratings’ revision of ArcelorMittal’s Outlook to Positive from Negative. The steelmaker's measures to optimise costs and gains from realisation of organic growth projects have also contributed.
The credit rating agency has also affirmed ArcelorMittal’s Long-Term Issuer Default Rating (IDR) and senior unsecured ratings at 'BB+'.
Since last year’s …
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Anonymous
Very good overview of the weekly steel market.
Anonymous