29.02.2016 04:37:00

POSCO -- Moody's: Asian steel producers will report lower earnings and high leverage in 2016

Hong Kong, February 29, 2016 -- Moody's Investors Service says that steel producers in Asia will see their overall earnings in 2016 fall to levels even lower than the weak results reported in 2015 because production volumes and spreads will contract further, against the backdrop of oversupply and the resulting low prices.

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