12
Mar
10:13
Moody's affirms Erdemir rating on strong profitability
Moody's says it has affirmed Erdemir's corporate family rating (CFR) at Ba2. This reflects the Turkish steelmaker's continued robust operating and financial performance in 2017 that lead to high margins and strong credit metrics.
The rating also reflects Erdemir's leading market position in the Turkish flat steel market where the supply/demand balance is favourable to the company, Moody's says in a rating action note monitored by Kallani…
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Anonymous
Very good overview of the weekly steel market.
Anonymous