07
Feb
16:07
USSK profits despite unanticipated margin pressure: US Steel
Despite the unanticipated pressure on US Steel Kosice (USSK)’s margins driven by reduced steel prices coupled with increased input costs, the steelmaker will remain profitable in the first quarter, says US Steel.
Asked about the situation in Europe during US Steel’s latest earnings conference call, the US firm’s president David Burritt said: “Europe is under a lot pressure (for 2019). That’s a big change for us. We’re seeing m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous