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Earnings & Finance

Financial announcements from the world's steelmakers.

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U. S. Steel Leans into Market Headwinds

16 Sep 2022 - United States Steel Corporation expects to report adjusted net earnings of somewhere between US$1.90 and US$1.95 per diluted share this quarter, even as market headwinds begin to impact the business, the company has said.  

Nucor Anticipates Record Year, but Comparatively Lower Q3 Results 

15 Sep 2022 - Nucor Corp. expects its third-quarter earnings to fall roughly 13% year over year on lower shipments and prices at its steel mills. 

SDI Q3 Earnings Expected to Soften but Sees Underlying Demand Persist

15 Sep 2022 - Steel Dynamics Inc. expects its third-quarter earnings to drop roughly 23% from the prior three months due in part to lower average flat-rolled prices. 

BlueScope Steel Plants a Much Bigger Flag in the U.S. 

15 Aug 2022 - North Star BlueScope Steel has begun ramping up the addition to its Delta, Ohio, USA, plant after having produced the first prime coil in June, the company reports. 

Stelco Starts Co-Gen Plant, Posts Q2 Profits, Despite Business Headwinds 

11 Aug 2022 - Stelco started up a 65-megawatt co-generation plant at its Lake Erie Works in the second quarter, which proved profitable in spite of economic headwinds, company executives said on Thursday. 

Gerdau Plans Capacity Boost at Texas Mill

04 Aug 2022 - Gerdau SA will invest approximately US$54.7 million to expand the capacity of its Midlothian, Texas, USA, bar mill, the company said in its second-quarter earnings release.

U. S. Steel Targets Keetac Mine for Upgrade

01 Aug 2022 - United States Steel Corporation posted a stand-out second quarter on Friday and announced that it had chosen its Keetac iron ore mine for a US$150 million investment. 

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