Moody's Investors Service has retained the JSW Steel's rating at Ba2 with Outlook revised to Negative. Corporate Family Rating (CFR) - Ba2; Negative (Revised from Ba2 placed under rating downgrade; Ratings under review). Senior Unsecured Debt Rating - Ba2; Negative (Revised from Ba2 placed under rating downgrade; Ratings under review).
JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
