US Steel’s steel shipment in Q2 almost keeps flat
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Update time : 2022-08-01 22:04:37
US Steel declared that its steel shipment in the second quarter was 4.18 million short tons, decreasing by less than 1% compared to the same period of last year.
At the same time, US Steel’s net profit was US$978 million, a year-on-year decrease of 3.4%, and it also posted US$3.42 per share, sliding by 3.1% from the same quarter of last year.
US Steel said that demand for line pipe and energy is hiking. However, some consumer-oriented markets, such as automotive and appliances, are still at a low level.
