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Life Is Getting Tougher For U.S. Steel Producers, With Imports Rising As Demand Wanes Elsewhere

2015-08-04 14:17:53| Steel - Topix.net

Despite falling raw material costs, figures posted by U.S. Steel underline the damage imports are having on the US steel industry. The WSJ reported that U.S. Steel posted a 34% decline in revenue and a $261 million loss in the latest quarter, up from a $18 million loss for the same time last year.

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