Moody's: Higher prices, improved market environment drive outlook change to stable for European steel sector
Announcement: Moody's: Higher prices, improved market environment drive outlook change to stable for European steel sector. Global Credit Research- 27 Apr 2017. London, 27 April 2017-- Recovering steel prices and improved industrial output expected in the European Union are expected to boost producers' profits over the next 12 months prompting a change in the outlook for the European steel sector to stable from negative, Moody's Investors Service said in a report today.
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