Will United States Steel’s Top Line Accelerate In 2022?
Views : 164
Update time : 2022-04-25 20:59:37
The shares of United States Steel (NYSE: X) continued to trend upward as commodity and energy prices surged during the latter half of 2021. United States Steel is the third largest steel producer in the United States. In 2021, the company’s annual raw steel production capacity was 26.2 million tons with 21.2 million tons in North America and 5 million tons in Europe. The WHO has laid out a plan to end the emergency phase of the pandemic and countries have lifted restriction measures to spur macroeconomic growth. While the ripple effects of the Russia-Ukraine war will affect global trade in the near term, United States Steel’s top line is expected to benefit from the upward commodity price cycle. Trefis highlights the historical trends in United States Steel’s revenuesacross key operating segments in an interactive dashboard analysis.
