|
US Steel posts profits of US$101 million for Q2
|
US Steel has just posted a profit of US$ 101million for the second quarter ended June 30, comparing with a loss of US$219 million in the first quarter.
Furthermore, the company sees positively for the current quarters’ performance.
In the second quarter, the company shipped 5.4 million tons steel products and the net sales reached US$5 billion, both were down comparing with that figures in the first quarter.
However, the firm forecasted that the US Steel Europe will continue to be challenged by the economic situation in the region, although the unit returned to profitability with significantly improved results for the second quarter.
News Date
8/1/2012 4:22:28 PM
reported by
Brian Lu
|
|
|
|
|