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28 Jul
19:12

USSK Q2 earnings decline, Q3 market seen weaker

Earnings at U.S. Steel’s European division declined year-on-year in the second quarter, when the operation experienced lower pricing and output, the Pittsburgh-based parent company reports. Third-quarter volumes will decline further at US Steel Kosice (USSK) because of a maintenance outage and deteriorating demand, Kallanish understands from the earnings conference call.   US Steel cfo Jessica Graziano says the planned maintenance outage, which started …
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