• Skip to main content

    Market Segment

    June 16, 2022

    US Steel Foresees Record Q2 Performance

    Written by Laura Miller

    US Steel Corp. expects its performance to be an all-time best for the second quarter, with all its business segments producing EBITDA similar to or better than the already strong first quarter.

    Second quarter EBITDA is anticipated to be approximately $1.6 billion, up from $1.337 billion in the first quarter. Adjusted net earnings per diluted share should be in the range of $3.83 to $3.88, the Pittsburgh-based steelmaker said.

    Laura Miller

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

    Read more from Laura Miller

    Latest in Market Segment

    US steel imports reach 15-month high in August, rise further in September

    Steel imports into the US crept higher in August and continued climbing in September, according to the Department of Commerce's latest import license data. August imports rose 3.4% from July to a 15-month high. September license data collected through Oct. 5 shows another 6.2% month-on-month increase. Imports continue to recover from some of the lowest levels since 2020, seen late last year through February this year.