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23 Mar
20:01

Steel sales increase for US companies, profits decrease

Sales for the US steel industry increased during the fourth quarter of 2020, but profits appear to have decreased, Kallanish learns from US Census Bureau data. According to the Bureau's quarterly financial report for the US manufacturing, mining, and trade industries, sales for the US steel industry increased from $25.75 billion in the third quarter to $27.02 billion in the fourth quarter of 2020. Operating profits for US steel companies increased, a…
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