17
Dec
21:38
Q4 loss looms for US Steel
US Steel expects an adjusted loss of $0.85/share when it reports its fourth-quarter results, Kallanish learns from company guidance.
In Q3, US Steel lost $234m, or $1.06/share, due to operating losses in its flat-rolled and tubular divisions.
“Flat-rolled customer demand in the US and Europe has improved throughout the fourth quarter, fueled by consumer-driven end-markets such as automotive, appliance, and packaging,” says ceo David Burrit…
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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