.gif?width=220&height=220&mediaprotectionhash=9f2ce7f89e1717e353534ef50c0b725b02a43e2818a99b286b09d5a1522895e3&ext=.gif)
U. S. Steel Reports a Stronger Q2 Than Last Year
08/03/2021 - United States Steel Corporation reported adjusted net earnings of US$964 million for the second quarter.
“The second quarter was an exceptional quarter for U. S. Steel,” chief executive David Burritt said during a conference call last week. Net sales for the quarter were reported at US$5.03 billion, compared to US$2.9 billion a year ago.
Looking forward, however, U. S. Steel will shift their focus to capabilities for higher-value products.
“Don’t be looking for us to add a bunch of capacity,” Burritt said. “Look for us to add capability for profitable growth.”
