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Tuesday, May 26, 2009

Fitch downgrades steel maker Severstal, places on Rating Watch Negative.


Source: IntelliNews - Russia Today


Fitch downgrades steel maker Severstal, places on Rating Watch Negative. Fitch Ratings downgraded long-term Issuer Default Rating ( IDR ) of Russia ’s second largest steelmaker Severstal to BB- from BB, while downgrading its national long-term rating from AA-(rus) to A+(rus) and...


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