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Tata Steel numbers to improve on India ramp-up, UK operations rejig: Moody’s

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NEW DELHI: Moody’s Investors Service today said greenfield expansion of Tata Steel operations in India and expected restructuring of UK operations improve earnings, but kept its ratings unchanged. The global ratings agency in February downgraded credit ratings of Tata Steel by two notches to Ba3 from Ba1 on a weaker than expected operating performance in …

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ITC Decision to Proceed with Steel Trade Case to Sanction Chinese Unfair and Illegal Practices Could Provide Significant Relief

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United Steelworkers (USW) President Leo W. Gerard issued the following statement today after the U.S. International Trade Commission decided to initiate action on the complaint filed by U.S. Steel Corp. under Section 337 of the Tariff Act of 1930. The petition was filed at the ITC on April 26, seeking relief from China’s unfair and …

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