26
Apr
22:13
US Steel posts profit, addresses operational challenges
US Steel reversed last year’s first-quarter loss and returned to profitability in Q1, though the company continues to face operational challenges related to its asset revitalisation program, Kallanish learns.
US Steel earned $18 million on sales of $3.149 billion in Q1, up from a Q1 2017 loss of $180m on sales of $2.725 billion.
"We are beginning the second year of our asset revitalisation program, and we are already seeing benefits from the invest…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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