27
Jun
14:58
Moody’s hikes JSW Steel ratings on strong performance
Moody's has upgraded JSW Steel's corporate family rating (CFR) and senior unsecured notes rating from Ba2 to Ba1 and changed the outlook from positive to stable, on strong operational performance. According to the rating agency, JSW's substantially stronger operating performance will help to sustain its deleveraging, Kallanish notes.
JSW's Ba1 CFR rating reflects the company's use of the latest furnace technology, increasing focus on value-adde…
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Anonymous
Very good overview of the weekly steel market.
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