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01 Nov
10:00

Costlier raw materials offset USSK's higher sales prices

US Steel Kosice (USSK) saw higher euro-denominated average sales price in the third quarter, but these failed to offset costlier iron ore and coking coal, Kallanish learns from parent US Steel. The Slovakian mill’s shipments declined -3% on-year in Q3 to 1.07 million net tons, while raw steel output fell by the same rate to 1.24mnt. This gave a capacity utilisation of 98%, down by 4 percentage points. Semi-finished products and plate comprised 35% of shipm…
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