01
Jun
13:33
Metalloinvest to post strong earnings in 2021: S&P
Standard & Poor’s (S&P) has upgraded its outlook on the ratings of Russian steelmaker Metalloinvest from stable to positive. Long-term credit rating has been affirmed at 'BB+'.
The change in outlook comes after Metalloinvest posted flat first-quarter Ebitda of $2.5 billion and reduced its absolute debt. This is as well as the robust operating and financial performance achieved in 2020, despite challenging market conditions due to the Cov…
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Anonymous
Very good overview of the weekly steel market.
Anonymous