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	<title>ThaiVest &#187; Gsteel</title>
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		<title>S&amp;P downgrades GSTEEL&#8217;s credit rating to D</title>
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		<pubDate>Tue, 13 Oct 2009 11:45:04 +0000</pubDate>
		<dc:creator>peterkop</dc:creator>
				<category><![CDATA[Company News]]></category>
		<category><![CDATA[Gsteel]]></category>
		<category><![CDATA[S&P Ratings]]></category>

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		<description><![CDATA[Standard &#38; Poor&#8217;s Ratings Services said it lowered its corporate credit rating on steel coil maker G Steel to &#8216;D&#8217; from &#8216;SD&#8217; and lowered the rating on its US$170m senior unsecured notes due Oct 4, 2010 to &#8216;D&#8217; from &#8216;C.&#8217;]]></description>
			<content:encoded><![CDATA[<p>Standard &amp; Poor&#8217;s Ratings Services said it lowered its corporate credit rating on steel coil maker G Steel to &#8216;D&#8217; from &#8216;SD&#8217; and lowered the rating on its US$170m senior unsecured notes due Oct 4, 2010 to &#8216;D&#8217; from &#8216;C.&#8217;</p>
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