18
Mar
14:35
Higher prices, cheaper energy to boost USSK earnings
Higher steel prices and lower energy costs, as well as management cost improvements are projected to drive better first-quarter Ebitda at US Steel Kosice (USSK) versus Q4 2023, says parent company US Steel.
In Q4, USSK saw lower average realised prices and product mix versus Q3; however, iron ore and coal costs were also lower.
In 2023, although USSK shipments rose 4% on-year to 3.9 million net tons, net sales fell 17% to $3.55 billion, while Ebitda was down 81% …
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Anonymous
Very good overview of the weekly steel market.
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