26
Jan
21:44
USS faces $1.5 billion loss in 2015
Difficult market conditions and almost $1.2 billion in charges related to restructuring and taxes dragged down US Steel’s bottom line in 2015, Kallanish reports.
The steelmaker declared a full-year loss of $1.5 billion, compared with a full-year profit of $102 million in 2014.
Excluding $1.2 billion in charges - primarily related to the company’s on-going restructuring efforts and a full valuation allowance on domestic deferred tax assets - US Ste…
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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