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9 months ago
BRIEF-Moody's: Outlook for Asian steelmakers is negative in 2017 on weakening earnings
November 30, 2016 / 1:25 AM / 9 months ago

BRIEF-Moody's: Outlook for Asian steelmakers is negative in 2017 on weakening earnings

Nov 29 (Reuters) -

* Moody's: Outlook for Asian steelmakers is negative in 2017 on weakening earnings

* Moody's on Asian steelmakers: For 2017, we see India as the only area of strength - with rising demand and protectionist measures in place

* Moody's - Expects Asian steel production volumes to fall in 2017 because demand from China will contract

* Moody's on Asian steelmakers - With Japan, Korea and Taiwan increasing trade frictions will curb their steel exports and production Source text: bit.ly/2gHf0zt

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