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Fitch Ratings Has Upgraded The Company's Long-Term Issuer Default Rating
May 9, 2014Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that Fitch Ratings has upgraded the company's long-term Issuer Default Rating (IDR) from ‘BB-' to ‘BB' with a stable ...
Tags: iron ore, briquetted iron
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Russian Steelmaker OAO Severstal Indirectly Owns 100% of Severstal Columbus
Dec 28, 2012Overview 1. US steelmaker Severstal Columbus LLC's financial performance weakened in the third quarter of 2012 amid unfavorable industry conditions. 2. Consequently, we don't expect the company to generate material positive free ...
Tags: generate material, steelmaker, steel, steel markets
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S&P Released The Following Statement
Dec 12, 2012S&P released the following statement Overview We expect lower prices in the European stainless steel industry to push Luxembourg-based stainless steel producer Aperam's 2012 EBITDA well below our previous projections. Even ...
Tags: rating action, S&P, stainless steel industry, Aperam
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SunCoke Energy Inc Announced Plans to Form a Master Limited Partnership
Dec 4, 2012SunCoke Energy Inc announced plans to form a master limited partnership, SunCoke Energy Partners LP, which will have an ownership interest in certain of its coke-making facilities. We estimate that consolidated credit metrics will remain ...
Tags: SunCoke Energy, coke, coke making facility
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Credit Rating Agency Recently Downgraded The Long-Term Corporate Credit Rating of KP
Dec 13, 2011Klöckner Pentaplast Group’s owner is evaluating whether to realign KP’s balance sheet “in a precautionary and responsible manner,” a spokeswoman stated. Credit rating agency Standard & Poor’s recently ...
Tags: Market View
