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After Nucor and STLD, U.S. Steel Also Gives Weak Q2 Guidance

Mark O'Hara
After Nucor and STLD, U.S. Steel Also Gives Weak Q2 Guidance

U.S. Steel’s guidance fell short of what analysts were expecting, just like Nucor and Steel Dynamics. U.S. Steel said that it expects to post adjusted EBITDA of $250 million in the second quarter. Analysts polled by Thomson Reuters expected the company to post EBITDA of $288 million in the second quarter.