Bulletin: Bulletin: Ratings On Eight Steel And Iron-Ore Producers Unchanged After S&P Revises Its Iron Ore Price Assumptions - S&P Global Ratings’ Credit Research

Bulletin: Bulletin: Ratings On Eight Steel And Iron-Ore Producers Unchanged After S&P Revises Its Iron Ore Price Assumptions

Bulletin: Bulletin: Ratings On Eight Steel And Iron-Ore Producers Unchanged After S&P Revises Its Iron Ore Price Assumptions - S&P Global Ratings’ Credit Research
Bulletin: Bulletin: Ratings On Eight Steel And Iron-Ore Producers Unchanged After S&P Revises Its Iron Ore Price Assumptions
Published Apr 13, 2015
Published Apr 13, 2015
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Abstract:

LONDON (Standard&Poor's) April 13, 2015--Standard&Poor's Ratings Services said today that its ratings on the following companies are unchanged by its iron-ore price assumption revision: ArcelorMittal (BB/Stable/B), NLMK OJSC (BB+/Stable/--), PAO Severstal (BB+/Negative/--), Evraz Group S.A. (B+/Stable/--), JSC Holding Company Metalloinvest (BB/Negative/--), Companhia Siderurgica Nacional (CSN; BB/Stable/--), Samarco Mineracao S.A. (BBB-/Stable/--), and Cliffs Natural Resources Inc. (B/Stable/--). We have lowered our price assumptions for iron ore to US$45 per ton (US$/te) for the rest of 2015, to US$50/te for 2016, and to US$55/te for 2017, on April 13, 2015 (see "Standard&Poor's Revises Its Iron Ore Price Assumptions," published April 13, 2015, on RatingsDirect). This compares with our previous price assumptions of US$65/te in 2015, US$65/te

  
Report Type:

Bulletin

Ticker
IST@NA
Issuer
GICS
Steel (15104050)
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Bulletin: Ratings On Eight Steel And Iron-Ore Producers Unchanged After S&P Revises Its Iron Ore Price Assumptions" Apr 13, 2015. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Bulletin-Ratings-On-Eight-Steel-And-Iron-Ore-Producers-Unchanged-After-S-P-Revises-Its-Iron-Ore-Price-Assumptions-1393548>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Bulletin: Ratings On Eight Steel And Iron-Ore Producers Unchanged After S&P Revises Its Iron Ore Price Assumptions Apr 13, 2015. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Bulletin-Ratings-On-Eight-Steel-And-Iron-Ore-Producers-Unchanged-After-S-P-Revises-Its-Iron-Ore-Price-Assumptions-1393548>
  
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