Fitch Ratings downgrades US Steel

May 04, 2012 | 09:16 AM |

Fitch Ratings has downgraded its issuer default rating (IDR) for US Steel to BB- from BB, it said this week.
The ratings outlook is stable.
The ratings reflect adequate liquidity, weak but improving market conditions and a period of higher financial leverage, while earnings are below the expected average. ....

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