US Steel Europe results improve after Serbia divestment
Apr 25, 2012 | 09:00 PM
|
US Steel’s European division performed significantly better quarter-on-quarter in the first three months of 2012 but still reported a $17 million loss, it said on Wednesday April 25.
The Pittsburgh-based company’s only remaining steelmaking plant on the continent, US Steel Kosice (USSK) in Slovakia, was behind the segment’s near-75% improvement in the quarter, after reporting a loss of $67 million in the previous quarter.
The Kosice plant’s result did reflect a 22.7% improvement from its $22 million net loss in the fourth quarter of 2011, the company....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here