31
Aug
13:16
Ferrexpo, Metinvest seen overcoming Ukraine risks, maintaining liquidity
Ferrexpo will sustain strong operating and financial performance despite high event risks, and will likely manage to successfully refinance its debt that matures in 2018 and 2019, according to Moody’s.
The debt maturing in 2018 and 2019 amounts to $298 million and $187m respectively, assuming an iron ore price of $50/tonne. Moody’s assumes Ferrexpo will successfully address this risk given its strong financial position. “Moody's understands…
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Anonymous
Very good overview of the weekly steel market.
Anonymous