U.S. Steel Q1 2016 Earnings Review: Competition From Imported Steels And Weak Oil & Gas Drilling Activity Adversely Impact Results
U.S. Steel reported weak earnings results with competition from cheap imported steels negatively impacting pricing and shipments for its U.S. Flat-rolled and European operations. In addition, a decline in oil and gas drilling activity as a result of the decline in oil prices over the course of the past twelve months, adversely impacted the demand for tubular steels and the results of the U.S. Tubular Steel division, as well.
Have more questions about U.S. Steel? See the links below.
- What Is U.S. Steel’s Revenue And EBITDA Breakdown?
- What Is U.S. Steel’s Fundamental Value Based On Expected 2015 Results?
- How Has U.S. Steel’s Revenue Composition Changed Over The Last 5 Years?
- By What Percentage Did U.S. Steel’s Revenue & EBITDA Change In The Last 5 Years?
- By What Percentage Can U.S. Steel’s Revenue & EBITDA Grow In The Next 3 Years?
- How Has The Increase In Steel Imports To The U.S. Impacted U.S. Steel’s U.S. Flat-Rolled Steel Operations?
- Can U.S. Steel Stock Return To Pre-Inflation Shock Highs?
- What’s Happening With U.S. Steel Stock?
- Will U.S. Steel Stock Continue To Outperform Despite Economic Headwinds?
- Is U.S. Steel Set For Tough Q3 Results?
- Why We Are Cutting Our Price Estimate For U.S. Steel Stock
- How Will U.S. Steel Stock Fare In An Uncertain Economy?
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