30
Apr
15:26
USSK sales surge, sees strong second-quarter auto demand
US Steel Kosice (USSK)’s second-quarter order book suggests strong steel demand from the automotive sector thanks in part to increased household savings spurring vehicle purchases, says parent US Steel.
USSK reported a 30% on-year surge in shipments in Q1 to 1.04 million net tons. Raw steel production surged 36% to 1.2mnt, giving capacity utilisation of 97% versus 71% in Q1 2020. US Steel’s Flat-Rolled segment shipped 216,000nt of iron ore pellet and f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous