27
Jan
21:47
Longhi says headwinds remain for US energy market
US Steel sees little-to-no improvement ahead for the energy market, Kallanish understands from a company conference call with analysts.
The company’s tubular division lost $64 million in earnings before interest and taxes in the fourth quarter and $179m in 2015. Last year, US Steel Tubular posted an earnings before interest and taxes gain of $121m in the fourth quarter and $261m for the full year.
“In the energy markets, low oil prices and rig cou…
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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