17
Feb
15:28
Fitch downgrades Anglo American following restructure plans
Credit ratings analyst Fitch tells Kallanish that it has downgraded London-headquartered miner Anglo American ratings and outlook. This follows the announcement by miner that it is planning to offload several of its assets, including its iron ore mines in Brazil and South Africa (see Kallanish 17 February).
Fitch has downgraded Anglo American’s long-term Issuer default rating (IDR) and senior unsecured rating to 'BB+' from 'BBB-'. The outlo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous