London, 08 April 2015 -- Moody's Investors Service today upgraded its ratings for Aperam S.A., upgrading its corporate family rating (CFR) to Ba2 from Ba3 and probability of default ratings (PDR) to Ba2-PD from Ba3-PD. Moody's also upgraded the rating of the $200 million convertible Eurobonds due 2020 to B1 from B2. The outlook on all the ratings is positive.

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