10
Apr
11:10
JSPL rating affirms on recent assets acquisition: ICRA
ICRA Ratings has affirmed Jindal Steel and Power's (JSPL) long-term rating and short-term ratings to AA- and AA+, respectively, on the back of better raw material sourcing and JSPL’s better business and financial risk profile. The ratings outlook has been revised to positive from stable, Kallanish notes.
“The revision in outlook to positive, on the outstanding long-term rating of Jindal Steel and Power (JSPL or the company) reflects an expected imp…
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Very good overview of the weekly steel market.
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