Fitch Says Tata Steel’s Leverage Will Eat Into Its European Gains
Galvanized coiled steel sit in a storage area following manufacture at the Tata Steel Ijmuiden BV plant, a unit of Tata Steel Ltd., in Ijmuiden, Netherlands.(Photographer: Jasper Juinen/Bloomberg)

Fitch Says Tata Steel’s Leverage Will Eat Into Its European Gains

Tata Steel Ltd.’s business profile could improve as a result of its joint venture with Germany’s Thyssenkrupp AG in Europe. Yet, these gains could be offset by high levels of borrowing.That’s accor...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.