30
Jan
22:21
US Steel increases 2018 profits three-fold
US Steel nearly tripled its profits from 2017 to 2018, Kallanish learns from the company’s year-end earnings review.
US steel earned $1.12 billion in 2018 on sales of $14.18 billion, up from 2017 earnings of $387 million on sales of $12.25 billion.
“We are pleased with both the strong earnings we reported in 2018 and the important progress we made on our strategic objectives," says ceo David Burritt. "We are encouraged by the effectivene…
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Anonymous
Very good overview of the weekly steel market.
Anonymous