21
Jun
15:03
Usiminas receives positive ratings outlook
Brazilian steelmaker Usiminas says that it has received a positive outlook assessment from ratings agency Standard and Poor’s.
The agency has maintained the company’s rating at B and its outlook as ‘positive’, Usiminas confirms. This follows a high credit rating from Moody’s in January, the steelmaker adds.
After two quarters with volatile margins due, among other factors, to weak demand in the domestic market, the agency expects…
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Anonymous
Very good overview of the weekly steel market.
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