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Provider : Thomson Reuters Stock Report
Provider : Wright Reports
Provider : Reuters Investment Profile
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Fitch affirms Magnitogorskiy metallurgicheskiy kombinat OAO at BB+

Tuesday, 13 May 2014 12:14pm EDT 

Magnitogorskiy metallurgicheskiy kombinat OAO:Fitch Ratings has affirmed Russia-based Magnitogorsk Iron & Steel Works' (MMK) long-term issuer default rating (IDR) at BB+.The outlook is negative.The ratings reflect MMK's position as a main supplier of steel to the Russian market and as a producer of high value-added steel products.The negative outlook reflects the company's inability to meet Fitch's leverage guidelines, despite efforts to reduce debt in 2012. 

Company Quote

8 Oct 2015