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?
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for U.S. Steel
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