27
Oct
14:17
USSK raises third-quarter shipments, output despite annual maintenance
US Steel Kosice (USSK) saw shipments rise 10% on-year in the third quarter to 958,000 net tons, while raw steel production grew 5% to 990,000nt, meaning 79% capacity utilisation versus 75% last year.
The improved operational performance comes despite shorter working hours throughout August due to scheduled annual maintenance, including on a blast furnace (see Kallanish passim).
However, average realised price dropped 17% on-year in Q3 to $852/net ton, with net sa…
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Anonymous
Very good overview of the weekly steel market.
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