24
Jul
13:38
S&P removes Metinvest from credit watch negative
Standard and Poor’s (S&P) has removed Metinvest from a negative credit watch outlook. It changed the outlook from negative to stable and affirmed the “B” long-term rating due to encouraging performance in the first half of the year.
There are no longer concerns that the Ukrainian steelmaker would breach its financial covenants, the credit rating agency says. This assumes that the company will report Ebitda of about $700 millio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous