30
Sep
13:54
Metinvest’s rail exports cause logistical bottlenecks: Fitch
Fitch has affirmed Metinvest’s Long-Term Foreign and Local-Currency Issuer Default Ratings (IDR) and senior unsecured rating at 'CCC'. The Recovery Rating is 'RR4'.
“Metinvest's ratings reflect that the company is sufficiently funded over the next six months, aided by cash-flow generation from an international asset base, few material near-term maturities and its existing cash position,” the credit rating agency says in a note…
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Very good overview of the weekly steel market.
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