19
Sep
19:48
US Steel anticipates third quarter loss
US Steel expects to report a loss in the third quarter, Kallanish learns from company guidance.
US Steel expects to lose $0.35/share in Q3 with adjusted earnings before interest, taxes, depreciation and amortisation of $115 million. This is excluding $53m in charges related to the 24 December fire at the company’s Clairton, Pennsylvania, coke works.
“The positive flat-rolled steel market indicators experienced earlier this summer have softene…
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Anonymous
Very good overview of the weekly steel market.
Anonymous