17
Oct
17:58
US market expects big third quarter profits
On the cusp of third-quarter earnings announcements, market sources expect generally rosy results and expectations through year-end, Kallanish reports.
US Steel and Nucor, respectively representing domestic integrated and mini-mill flat-rolled producers, both expect to announce substantial profits for Q3.
US Steel expects its earnings before interest, taxes, amortisation and depreciation (Ebitda) to be $525 million, due to higher sales prices in its tubular a…
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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