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04 Nov
12:24

USS predicts strong end to 2018

US Steel expects the favourable market conditions it witnessed in the third quarter to continue through year-end, Kallanish reports. US Steel posted net earnings of $291 million in Q3, up from $161m in Q3 2017. “Market conditions remain solid, with stable end-user steel consumption,” says ceo David Burritt. “We experienced lower customer order rates for an extended period, driven by falling spot and index prices. However, we expect continued…
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