05
Oct
13:45
Tight supplies to increase iron ore prices: Moody’s
Moody’s credit agency has upgraded Russian iron ore and steel producer Metalloinvest's rating to Baa3 from Ba1, with stable outlook, Kallanish notes.
"The upgrade reflects Metalloinvest's unique positioning as a vertically integrated mining and steel company with substantial share of value-added products - HBI, DRI, pellets, high quality steel,” says the agency’s vice president Denis Perevezentsev. “We expect that the company w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous