Summary
Strong demand and attendant price increases in tubular and flat- rolled products helped United States Steel Corp. record higher first quarter sales and net income figures over fourth-quarter results.
For the first three months of the year, the steelmaker's net income totalled $256 million, or $2.04 per diluted share, up 134.9 percent from the fourth quarter's $109 million, or 85 cents a share. First quarter results, however, were down 44.2 percent from one year ago, when U.S. Steel reported net income of $459 million, or $3.51 a share.See the full content of this document
Extract
U.S. Steel Profits Lower, Dividend Increased
Sales for the recently concluded quart...
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