15
Sep
21:01
US Steel issues Q3 earnings guidance
US Steel expects adjusted net earnings of $508 million in Q3 2022, according to the company’s guidance released on 15 September, Kallanish learns.
The company expects flat-rolled adjusted Ebitda to be lower than its second quarter performance due to supply chain issues holding back shipping capabilities. Mini-mill earnings are also projected to be down over the second quarter as decreases in demand led to fewer sales. Meanwhile, tubular goods performance was…
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Anonymous
Very good overview of the weekly steel market.
Anonymous