10
Jul
11:21
JSW leverage weak, exports to provide boost: Moody's
Moody’s has changed its outlook on JSW Steel to negative after completing its review. The steelmaker's finances will recover by the fiscal year through March 2023. However, until then leverage will remain weak and there is a risk of a downgrade if the steel industry’s expected recovery does not materialise.
Moody's expects JSW's leverage, as measured by adjusted debt/adjusted Ebitda, will increase to an estimated 6.4x by the end of fis…
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Anonymous
Very good overview of the weekly steel market.
Anonymous