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28 Jan
00:00

US Steel prices hold up in 2014 - except Europe - despite fourth quarter dip

US Steel saw prices come under strain in the fourth quarter of 2014, the steelmaker reveals in its annual results presentation monitored by Kallanish. In spite of improved earnings for both quarter and year (see Kallanish 28 January), the steelmaker struggled with a significant price fall in Europe during both periods. The quarterly average realised price achieved by US Steel Europe fell heavily between Q3 14 and Q4 14, from $671/net ton to $600/nt. The 2014…
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