05
Apr
18:11
US Steel Canada loses CAD 20 million/month: monitor
Lower-than-expected steel prices continue to bite into US Steel Canada’s bottom line as the company struggles to emerge from its court-supervised bankruptcy reorganisation, Kallanish understands.
A report from the court’s appointed monitor shows US Steel Canada incurring net losses of $20 million and $19.7 million in January and February, respectively.
“Actual tons shipped were approximately 31% higher than forecast in the independent busine…
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Anonymous
Very good overview of the weekly steel market.
Anonymous