01
Feb
12:58
USSK foresees flat 2022 shipments following 2021 surge
US Steel projects shipments in 2022 at its US Steel Kosice (USSK) subsidiary will amount to 4.1-4.3 million net tons, flat or slightly down on 2021. It also foresees an $80 million favourable change in purchased CO2 credits on-year, Kallanish notes.
USSK’s shipments surged 22% on-year in the fourth quarter of 2021 to 1.03mnt. Raw steel production increased by the same rate to 1.18mnt, giving a capacity utilisation of 94% versus 77% a year earlier. The S…
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Anonymous
Very good overview of the weekly steel market.
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