13
Dec
12:54
Lower output, weaker prices drag down Anglo American rating
Anglo American (AA)’s operational restructuring programme, lower outlook for – particularly iron ore – production, and more bearish commodity price outlook weaken the miner’s expected near-term credit metrics, according to Fitch.
“The challenges AA is facing are worse than we had previously forecast,” the credit rating agency says in a report sent to Kallanish. “Continued deterioration in commodity markets has led to a g…
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Anonymous
Very good overview of the weekly steel market.
Anonymous