Moody's assigns Ba3 rating to ChelPipe; stable outlook
London, 07 December 2016-- Moody's Investors Service has today assigned a corporate family rating of Ba3 and a probability of default rating of Ba3-PD to Chelyabinsk Pipe-Rolling Plant PJSC, one of the leading steel pipe producers. The outlook on the ratings is stable. ChelPipe's Ba3 CFR factors in the company's fifth-largest position as a pipe producer globally by volumes and the second-largest market share in large diameter pipes, oil country tubular goods and seamless...
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