Search For "weakening profitability"
Updated : 9 months, 3 weeks ago IST
Singapore, Dec 3 (ANI): Moody's Investors Service on Tuesday said that its 2020 outlook for the Asian steel sector is negative, reflecting weakening profitability for rated steelmakers amid softening demand, declining steel prices and elevated iron ore prices which is a key input in finished
Updated : 1 year ago IST
Singapore, Aug 28 (ANI): Rising input costs and inability to pass on higher costs to customers are pressuring the profitability of Asian steel producers, Moody's Investors Service said on Wednesday while revising its outlook for the sector to negative.