01
Feb
22:20
USS posts Q4 loss, current lead times 'extended'
US Steel (USS) is experiencing strong demand to open the new year, with lengthening lead times and elevated capacity utilisation at its mills, Kallanish learns from the steelmaker’s quarterly earnings release.
The Pittsburgh, Pennsylvania-based company shipped more steel, at lower prices, in the fourth quarter of 2023 versus the equivalent quarter a year earlier. USS reports a net loss for Q4 and earnings declined on an adjusted basis.
US Steel ceo David B…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous