U.S. Steel’s Revenue Drops 8.8% In 2019; However, The Worst Is Yet To Come
- Wednesday, February 5, 2020, 7:10
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U.S. Steel Corp, one of the largest steel companies in the US, saw its revenue base erode by almost $1.3 billion in 2019. Total revenues declined by 8.8%, from $14.2 billion in 2018 to $12.9 billion in 2019. This decline was driven by a drop in shipments as well as lower price realization…