18
Mar
17:20
US Steel remains bullish on 2022, updates guidance
With increasing spot business, rising steel prices, and a strong, growing backlog at its Big River Steel operations, US Steel remains incredibly bullish for 2022.
The flatrolled steelmaker says it is seeing great upside on its fixed price contracts, which should offset current headwinds in raw material costs, wary spot market activity, and mining seasonality. It expects to post record first quarter adjusted Ebitda of $1.3 billion, with adjusted diluted earnings of…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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