23
Aug
15:59
Moody's upgrades Evraz outlook on deleveraging
Moody’s has changed the outlook on the ratings of Evraz to positive from stable thanks to the Russian steelmaker’s deleveraging, the expectation of continued debt reduction and limited dividends.
"Our decision to change the outlook on Evraz's rating to positive mainly nods at the significant progress the company has made toward deleveraging in the past 12 months,” Artem Frolov, a Vice President-Senior Credit Officer at Moody's…
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Anonymous
Very good overview of the weekly steel market.
Anonymous