19
Jul
11:14
Moody's downgrades Brazilian steelmaker CSN's rating
Brazilian integrated steelmaker Companhia Siderúrgica Nacional (CSN) has seen its credit rating downgraded by Moody’s. The steelmaker’s outlook remains negative due to the company's tight liquidity situation and the delayed publication of its audited financial report for 2016.
"The rating reflects primarily the challenges faced by CSN in its key markets and segments and the likelihood that CSN's credit metrics will slowly rec…
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Anonymous
Very good overview of the weekly steel market.
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