01
Feb
14:46
USSK expects lower first-quarter profitability, 2019 shipments
US Steel Kosice (USSK)’s profitability will be lower on-year in the first quarter due to reduced shipments, higher raw materials costs and an unfavourable dollar/euro exchange rate, says parent US Steel.
The Slovakian plant’s shipments in full-year 2019 are anticipated to decline -7-11% on-year to 4 million-4.2 million net tons. This will reflect higher planned outages at its blast furnaces and steel shops, and decreased demand for semi-finished prod…
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Anonymous
Very good overview of the weekly steel market.
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