22
Feb
14:24
Moody's upgrades Tata Steel corporate rating
Tata Steel has had its credit rating upgraded by Moody’s, Kallanish notes.
The Indian steelmaker has seen its corporate family rating (CFR) moved up a notch from Ba2 to Ba3, it says in a stock exchange statement. The outlook for the company is stable, Moody’s says.
“The upgrade of Tata Steel’s CFR reflects the sustained improvement in the company’s credit profile, stemming principally from strong operating efficiencies and vertic…
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Anonymous
Very good overview of the weekly steel market.
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