17
Dec
17:00
Moody's expects NWR liquidity to worsen in 2016
Moody’s has downgraded the outlook on Czech coal miner New World Resources’ (NWR) credit rating to negative, expecting its metrics and liquidity to deteriorate further in 2016. This is likely to happen due to “… still very challenging outlook on thermal coal and, to a lesser extent, on coking coal,” says the ratings agency.
The outlook also reflects Moody’s negative fundamental view on the coal sector over the next 12 to 18 m…
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Anonymous
Very good overview of the weekly steel market.
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