Posts Tagged
steel imports
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U.S. Steel Cuts 2015 Profit Forecast Amid Flood of Imports
©2015 Bloomberg News NNJIMJ6JIJUY (Updates with comment from analyst in eighth paragraph.) (Bloomberg) — U.S. Steel Corp. posted a surprise first- quarter loss and cut its full-year profit forecast after a flood of imports prompted the nation’s second-largest producer to idle capacity. Earnings before interest, tax, depreciation and amortization are