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01 Aug
22:10

US Steel expects lower third-quarter results

US Steel is warning that third-quarter earnings will be significantly lower than prior periods, primarily due to steel pricing headwinds, Kallanish discovers in the company's second-quarter earnings report.   “We expect third-quarter adjusted Ebitda in the range of $275 million and $325m, as recent pricing dynamics continue to impact our business," chief executive officer David Burritt states in the earnings press release. "Our North …
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