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    Market Segment

    May 1, 2025

    USS swings to loss in first quarter on N. American flat-rolled segment woes

    Written by Ethan Bernard

    U.S. Steel Corp.

    First quarter ended March 3120252024% Change
    Net sales$3,727$4,160-10.4%
    Net earnings (loss)$(116)$171-167.4%
    Per diluted share$(0.52)$0.68-176.5%
    (in millions of dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

    Read more from Ethan Bernard

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