03
Jun
12:00
Credit profile, Indian demand support Tata valuation: CreditSights
CreditSights has maintained its “market perform” recommendation for Indian steelmaker Tata Steel, Kallanish notes.
This accurately reflects the steelmaker’s resilient credit profile, supported by strong domestic demand, reduction in coking coal input costs and lower capital expenditure, the credit research firm says in a note.
Some other factors contributing to the recommendation include the upcoming capacity expansion at Tata Steel’…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous