17
Nov
08:34
Fitch warns on ArcelorMittal further downside price risk
The risk of “… substantial” further downside to pricing may negate ArcelorMittal’s measures to improve performance and reduce leverage, according to Fitch. The credit rating agency has thus revised its outlook for the world’s largest steelmaker to negative from stable.
Fitch has also affirmed the Long-term Issuer Default Rating (IDR) for ArcelorMittal at 'BB+'. The agency assumes steel prices will be supported at current le…
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Anonymous
Very good overview of the weekly steel market.
Anonymous