Why Credit Quality May Improve For European Metals And Mining Companies In 2010
Feb 12, 2010 | 00:05:35 min
In 2009, substantial price declines hampered Europe’s metals and mining companies. However, metals prices have risen significantly in the past few months, which could bode well for credit quality in the mining sector in 2010, if sustained. However, for steelmakers we expect only a weak recovery. In this CreditMatters TV segment, Director Alex Herbert discusses how metals prices and spending levels are shaping the industry and what lies ahead.
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