On October 22, Kunming, Yunnan Province-based Chinese steelmaker Kunming Iron & Steel Holding Co. (Kunming Steel) announced that it will issue its first ultra short-term bonds for the current year on October 23, worth a total of RMB 500 ...
Tags: Kunming Steel
International credit rating agency Standard & Poor's Ratings (S&P) has announced that a potential sale by Indian steelmaker Tata Steel of its European long steel products business and associated distribution activities is credit positive ...
Tags: steelmaker, Tata Steel
Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. (Anyang Steel) has announced that on October 16 it will issue short-term bonds worth a total of RMB 1 billion ($0.16 billion) for a term of 365 days. This will be the steel ...
Tags: Anyang Steel, Short-Term Bonds
International credit rating agency Moody's has announced that the outlook for the European steel industry will remain stable until 2015, despite anticipated capacity utilization and profitability improvements. According to Moody's report, ...
Tags: steel industry, Moody's
Shanxi Province-based Chinese stainless steel producer Taigang Stainless Steel Co., a subsidiary of Taiyuan Iron and Steel (Group) Co. (TISCO), has announced that it plans to issue ultrashort-term bonds worth RMB 2.0 billion ($325 million) ...
The economic recovery may be continuing to gather momentum, however the latest information from the BDRC Continental SME Finance Monitor highlights the Forum of Private Business's ongoing concern that distrust of the banking sector is ...
Tags: Economy
International credit rating agency Fitch Ratings has affirmed mining company Samarco’s rating at BBB, with a stable perspective, it said recently. The rating is based on Samarco’s highly profitable operations, low-cost ...
Tags: Fitch Ratings, BBB, Energy
Germany's Henkel can spend up to 5 billion euros ($6.8 billion) on further acquisitions without putting its credit rating at risk, the maker of household goods and industrial glues told a German newspaper. "We can spend between 4 and 5 ...
Tags: Germany, Henkel, Constructio
Global credit rating agency Standard & Poor's Ratings Services has announced that it has revised the outlook on India-based steelmaker Tata Steel to stable from negative, while affirming its 'BB' long-term corporate credit rating on Tata ...
Tags: Tata, improve, Metallurgy, Mineral
International credit rating agency Fitch Ratings has affirmed Brazil steelmaker Gerdau’s rating at BBB-, with a stable perspective, it said recently. The rating is based on Gerdau’s “position as the leading ...
Tags: Brazil, Fitch Ratings, Metallurgy, Mineral
Jiangxi Province-based Chinese steelmaker Xinyu Iron and Steel Co. has announced that it plans to issue medium-term notes worth RMB 1.6 billion ($261 million) on July 18. This will be the company's first medium-term notes issue in the ...
Tags: Xinyu Steel, Medium-Term Notes, Metallurgy, Mineral
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that it plans to issue short-term bonds worth RMB 2.0 billion ($0.33 billion) for a term of 365 days on July 16, in its first short-term bond issue in the ...
Tags: Iron, Metallurgy, Mineral, Steel
Beijing-based Chinese steelmaker Shougang Group has announced that on June 18 it plans to issue short-term bonds worth RMB 6 billion ($0.98 billion) for a term of 365 days, in its first short-term bond issue in the current year. Huaxia Bank ...
Tags: Shougang, Short-Term Bonds
Goodyear Tire & Rubber Co. announced an update to its 2014-2016 capital allocation plan that will allow the company to invest approximately $500 million to build a new consumer tire plant to support demand in North America and Latin ...
Tags: Tire, Rubber Tire
Liaoning Province-based Chinese steelmaker Dongbei Special Steel Group Co. has announced that on May 19 it plans to issue its first short-term bonds in the current year, worth a total of RMB 700 million ($114 million) and for a term of 365 ...
Tags: Special Steel, steelmaker