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31 Jan
23:02

USS sees $440m loss, improved market conditions

US Steel expects improving market conditions in 2017 to buoy its bottom line, Kallanish learns from the company’s year-end earnings report. US Steel posted a net loss of $440 million. The previous year, the company lost $1.6 billion. "We are starting 2017 with much better market conditions than we faced at the beginning of 2016,” says ceo Mario Longhi. “Our Carnegie Way transformation efforts over the last three years have improved our …
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