02
May
21:21
US Steel triples on-year earnings in first quarter
US Steel saw its earnings triple on-year during the first quarter, Kallanish reports.
US Steel earned $54 million on about $3.5 billion in sales during Q1, up from Q1 2018 earnings of $18m on sales of $3.15 billion.
“Over the past few years, we have made strategic investments across our footprint, with a focus on our most critical flat-rolled steelmaking assets,” says ceo David Burritt. “Our progress continued in the first quarter as we deli…
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Anonymous
Very good overview of the weekly steel market.
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