U.S. Steel posted a 36% annual drop in revenues to $908m in 1H20
Košice-based U.S. Steel posted a 36% annual drop in revenues to $908m in the first half. The drop was 41% in 2Q. Its output slumped by a third to 1.527m tons and capacity usage fell to 61%. Its EBITDA loss came to $40m, while its EBITDA profit in 1H19 was $19m.
