13
Dec
18:37
Fitch foresees improved outlook for Rio Tinto
Fitch Ratings has affirmed Iron ore miner Rio Tinto Plc/Ltd's (RT) Issuer Default Rating (IDR) at 'A-, the ratings agency tells Kallanish. Fitch has also revised the outlook on RT's Long-Term IDR to Stable from Negative.
The ratings affirmation reflects the measures (productivity optimisation, capex cuts and a flexible dividend policy) RT has taken to improve its credit profile since the start of the year. These have been further enhanced by the rece…
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Anonymous
Very good overview of the weekly steel market.
Anonymous