Fitch Ratings Revises JSW Steel’s Outlook To ‘Negative’ From ‘Stable’
The JSW Steel logo is displayed on an employee’s bag as he stands near an entrance to the company’s manufacturing facility in Dolvi, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)

Fitch Ratings Revises JSW Steel’s Outlook To ‘Negative’ From ‘Stable’

Fitch Ratings has revised its outlook on JSW Steel Ltd. from ‘Stable’ to ‘Negative’ while affirming the steelmaker’s long-term issuer default rating at ‘BB’ on the back of its high leverage levels....
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