15
Nov
18:52
Moody’s says European steel sector profits to stay
Credit rating agency Moody’s increased its outlook for the steel industry to Stable in April this year and it now expects the industry to maintain its profit margins through 2018. This is according to vice president and senior credit officer Gianmarco Migliavacca speaking at Kallanish Europe Steel Markets 2017 conference in Madrid on Wednesday. Strong demand indicators and lower raw material prices are key to their assessment, he added.
Growing c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous