01
May
20:19
Imports still threaten tubular recovery, US Steel says
US Steel plans to boost its tubular output to meet improving market conditions, but imports are still a large concern, company executives said on a recent quarterly earnings review call.
US Steel shipped 179,000 short tons from its tubular division in Q1, up from 144,000 st in Q1 2017. The segment posted an operating loss during the quarter of $27 million, down from Q1 2017’s $57m but very nearly canceling out the flat-rolled division’s operating pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous