05
Dec
15:56
S&P improves TMK's rating outlook on strengthening performance
Increased drilling activities, US demand for oil country tubular goods, the Russian oil and gas sector's relative resilience to commodity price volatility support the strengthening of TMK's performance, says Standard and Poor's (S&P).
The ratings agency has thus revised its outlook on the Russian pipemaker to stable from negative. S&P has also affirmed the 'B+' long-term corporate credit rating on the company and the 'B+'…
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Anonymous
Very good overview of the weekly steel market.
Anonymous