Industry News

Higher Prices to Drive U.S. Steel's (X) Flat-Rolled Unit in Q1

Views : 78
Update time : 2024-03-20 15:57:05

United States Steel Corporation (X - Free Report) provided guidance for the first quarter of 2024, anticipating adjusted net earnings per share between 80 cents and 84 cents and adjusted EBITDA of nearly $425 million.

U.S. Steel underscored its dedication to operational efficiency and advancing its merger with Nippon Steel Corporation while commenting on the forecast. The company highlighted favorable steel demand conditions, strong operational performance and the unwavering commitment of its workforce to customer satisfaction. The North American Flat-Rolled segment benefits from its diverse market presence, sustaining a robust order backlog.

Related News
Read More >>
China’s unwrought aluminum & aluminum products exports increase in 2024 China’s unwrought aluminum & aluminum products exports increase in 2024
Jan .13.2025
China’s unwrought aluminum & aluminum products exports increase in 2024
Russia’s stainless steel output falls in Jan-Nov 2024 Russia’s stainless steel output falls in Jan-Nov 2024
Jan .13.2025
Russia’s stainless steel output falls in Jan-Nov 2024
Altek & Real Alloy to collaborate in building zero-waste aluminum recycling facility Altek & Real Alloy to collaborate in building zero-waste aluminum recycling facility
Jan .13.2025
Altek & Real Alloy to collaborate in building zero-waste aluminum recycling facility
Indonesia's nickel ore production may decrease, putting global nickel prices in upside risks Indonesia's nickel ore production may decrease, putting global nickel prices in upside risks
Jan .13.2025
Indonesia's nickel ore production may decrease, putting global nickel prices in upside risks