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30 May
15:10

Moody's downgrades Outokumpu's outlook, affirms corporate family rating

Moody’s has changed its outlook for Finland’s Outokumpu to ‘negative’ from ‘stable’, the stainless steel producer tells Kallanish. The ratings analyst has however affirmed both the steelmaker’s corporate family rating (CFR) and its probability of default rating. The CFR has been affirmed at B1. This recognises “… Outokumpu's market leadership positions as the largest and product-wise most diversified sta…
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