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21 Dec
15:06

USSK expects stronger fourth-quarter performance

US Steel says fourth-quarter performance at its Slovakia-based Kosice plant, USSK, should improve on Q3 thanks to continued strong customer demand. Improved commercial performance and a focus on cost management should more than offset raw materials headwinds from higher iron ore prices, US Steel observes. USSK raised shipments 3% on-year in Q3 to 790,000 net tons, as automotive demand rebounded (see Kallanish passim). Average realised price, however, wa…
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