United States Steel Corporation Provides Third Quarter 2020 Guidance
(WorldNews Business)

PITTSBURGH--(BUSINESS WIRE)--Sep 18, 2020-- United States Steel Corporation (NYSE: X) today provided third quarter 2020 guidance. Third quarter 2020 adjusted EBITDA is expected to be approximately ($100) million. The Company expects third quarter 2020 adjusted diluted loss per share to be approximately ($1.45). “Improving market conditions experienced in June and July have accelerated through August and September. Strengthening steel fundamentals and our ability to respond quickly to increasing customer demand are expected to result in significantly improved adjusted EBITDA in the third quarter,” commented U. S. Steel President and Chief Executive Officer David B. Burritt. “We have grown...