01
Nov
17:48
US Steel profits $147m in Q3
US Steel almost tripled its third-quarter earnings year on year, largely due to higher flat-rolled segment operating profits and a tenfold decrease in the tubular segment’s losses, Kallanish understands.
US Steel recorded a Q3 profit of $147 million on sales of $3.248 billion, up from a Q3 2016 profit of $51m on sales of $2.686 billion.
Flat-rolled operating profit rose from $114m in Q3 2016 to $160m, while tubular losses fell from $75m to $7m in the sa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous