Photographer: Sergio Dionisio/Bloomberg

Glencore's Trading Unit Needs to Offset Mining Woes, S&P Says

  • Collapse in metal prices have seen miners' ratings lowered
  • S&P has BBB credit rating with negative outlook on Glencore

Glencore Plcneeds it commodities-trading division to help offset a slowdown at its mining unit as the rout in raw-material prices deepens, according to Standard & Poor’s.

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