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02 Mar
18:35

US sanctions exhibit duality for European steel: Moody's

Rating agency Moody’s has commented on the effect that the impending US trade sanctions on steel imports will have on the European steel industry. In a statement sent to Kallanish, Moody’s emphasises that its comments do not constitute a rating action. “The import restrictions, which are expected to be in force for several years, are credit negative for the European steel industry. This is because it would limit EU producers’ access to on…
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