18
Jun
12:32
US Steel profitability to soar in Q2
US Steel expects to earn an adjusted $880 million when it reports its full second-quarter earnings, Kallanish learns from company guidance.
That’s a significant boost from Q2 2020, when the company lost $589m, and Q1, when the company earned $91m. Q2’s expected earnings are exclusive of restructuring and asset impairment charges.
“Continued strong demand and low steel inventories are empowering today’s ongoing market improvemen…
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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