20
Jul
08:44
CSN reduces liquidity pressure, requires additional refinancing: S&P
Standard & Poor's (S&P) has removed Brazilian iron ore and steel producer Companhia Siderúrgica Nacional (CSN) from its ratings watch list. It also maintained the company's 'B-' global-scale ratings with a negative outlook, the credit rating agency says in a statement sent to Kallanish.
According to S&P, CSN has completed a substantial bank debt refinancing and has announced another iron ore prepayment deal, reducing short-term l…
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Anonymous
Very good overview of the weekly steel market.
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