METALLOINVEST assigned ‘BB-’ rating with a positive outlook by S&P

METALLOINVEST, a leading global iron ore and HBI producer based in Russia, announces that the Company was assigned ‘BB-‘ long-term corporate credit rating by Standard & Poor’s Ratings Services with a Positive outlook.

In the published statement Standard & Poor’s noted METALLOINVEST’s solid domestic market position, high vertical integration and low cost position, which are supported by the Company’s operating results and margins.