01
Nov
20:50
US Steel secures $51m profit in Q3
US Steel has swung back into the black, Kallanish learns from the company’s third quarter earnings review.
The company posted a net profit in Q3 of $51 million on sales of $2.686 billion, up from a loss of $46m in the second quarter and a loss of $173m in Q3 2015.
"Our third quarter results improved significantly from the second quarter as each of our segments improved, resulting in our highest quarterly segment income since the fourth quarter of 2…
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