16.04.2015 16:29:00
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Moody's revises downward its price sensitivities for iron ore and met coal
New York, April 16, 2015 -- Moody's Investors Service has lowered its price sensitivities for iron ore and metallurgical (met) coal, the rating agency says in a new report. The changes come in response to slowing steel production in China and rampant oversupply, particularly of iron ore, which will keep prices low through at least next year.