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    HomeNewsOpinionSteel: Rising capex and softer prices not hurting credit outlook, yet

    Steel: Rising capex and softer prices not hurting credit outlook, yet

    Rating agencies appear to be unperturbed by softening steel prices, as healthy balance sheets and rational capex support industry outlook

    Ravi Ananthanarayanan
    June 02, 2023 / 13:33 IST
    The impact of these upheavals on Indian steel majors is not worrying rating agencies. At least, not yet.
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