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Tata Steel gets downgrade in LT Foreign Currency Issuer Default Rating

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Capital Market
Last Updated : Apr 04 2016 | 12:01 AM IST

From Fitch

Tata Steel announced that the sharp fall in international steel prices and the challenging conditions facing the global steel industry triggered a review of Tata Steel's credit rating by Fitch. The Long-Term Foreign Currency Issuer Default Rating (IDR) has been downgraded by 1 notch.

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First Published: Apr 02 2016 | 10:45 AM IST

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