29
Jan
14:26
Distributor demand boosts USSK sales, automotive outlook good
US Steel Kosice (USSK) reported an 11% on-year growth in steel shipments in the fourth quarter of 2020 to 840,000 net tons, helped by increased flat steel distributor shipments. The firm expects to ship 3.9-4.1 million nt of steel in 2021, and foresees a $115 million unfavourable change in CO2 credit costs versus 2020.
Fourth-quarter average sales price was down -3% on-year to €547/tonne. Raw steel production was up 25% to 966,000nt, giving capacity utilisati…
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Anonymous
Very good overview of the weekly steel market.
Anonymous