09
May
20:14
Lawsuits allege US Steel misled investors
Several law firms are seeking clients for a class action lawsuit against US Steel revolving around the company’s surprise $180 million first-quarter loss, Kallanish reports.
The law firms allege that US Steel “... issued false and misleading statements and/or failed to disclose” that the company was not positioned to benefit from improving general market conditions as a result of its Carnegie Way efficiency and facility upgrade plans. The …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous