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02 Aug
19:08

USS anticipates gradual third-quarter sheet price recovery

US Steel expects the pricing weakness felt in the second quarter to linger into Q3, though the worst is almost certainly over, Kallanish hears on the company’s Q2 conference call with analysts. Investor relations manager Kevin Lewis told analysts during the call that the market appears to have bottomed in late June, and pricing rose steadily throughout July. “Our business still going to be impacted in the third quarter...given the flow-through on …
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