"Metalloinvest" is the only iron ore company in the world that keeps its rating and stable outlook.

Today the international agency Moody's confirmed the rating of "Metalloinvest" holding at Ba2, the outlook raised to "stable". As analysts of the agency state, the rating affirmation reflects the company's stable business profile, low cost levels that allow it to compete in export markets, high profitability and liquidity. Earlier, in February 2016 Moody's downgraded the Brazilian company Vale and British AngloAmerican to Ba3 with a negative outlook. In March the rating agency has lowered estimate of the Australian Fortescue Metals Group also to Ba3 with a negative outlook.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer