Metalloinvest, 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
The international rating agency Fitch has downgraded Italy's long-term rating to 'BBB+' from 'A-'. The outlook on the long-term issuer default rating (IDR) is negative. According to Fitch’s press release, the inconclusive results of ...
Tags: Fitch, rating agency, long term rating
Fitch Ratings has affirmed ThyssenKrupp AG's Long-term Issuer Default Rating and senior unsecured rating at 'BBB-'. The Outlook is Negative. The Short-term IDR has been affirmed at F3. The affirmation reflects Fitch's view that TK will be ...
Tags: Fitch Ratings, AG, Steel, affirmation
It's reported that Fitch Ratings has downgraded steel giant Posco's long-term Issuer Default Rating (IDR) and senior unsecured rating to "BBB+" from "A-". Meanwhile, the short-term IDR was at "F2." In 2011 and 2012, high levels of debt ...
Tags: steel, debt to fund investments, steel industry, debt levels
Fitch Ratings has downgraded South Korea-based steel producer POSCO's Long-Term Issuer Default Rating or IDR and senior unsecured rating to 'BBB+' from 'A-', with a negative outlook beimg assigned. Further, the agency has affirmed POSCO's ...
Tags: Fitch Ratings, POSCO, IDR, Long-Term Issuer Default Rating