17
Sep
14:38
Record quarter appears for US Steel
US Steel expects the third-quarter to generate a new round of earnings records for the company, Kallanish reports.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) are slated to be $2 billion, up from Ebitda of $1.3 billion in the second quarter. In Q3 2020, the company posted an Ebitda loss of $49 million.
“We expect the third quarter to be a quarter of records for US Steel,” says ceo David Burritt. “Supported…
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Anonymous
Very good overview of the weekly steel market.
Anonymous