23
Sep
17:29
Moody's metals and mining outlook turns negative
Moody’s outlook for the global metals and mining sector has turned negative, reflecting expectations that aggregate Ebitda will contract for the largest companies during the coming 12 months.
Steel prices remain above historical averages, but their recent plunge will significantly reduce steelmakers' Ebitda and cash flow, the credit rating agency says.
Prices have softened due to supply-chain disruptions reducing global demand; Covid-related lockdowns a…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous