[www.ferro-alloys.com] U.S. Steel has just posted a US$340 million loss for the first quarter in 2016, which was much smaller than US$1.1 billion in the final quarter of 2015.
As one of the largest employers in Northwest Indiana, the steelmaker said it remains focus on cost saving, quality improving as well as operations reliability so that it could improve its position amid current weak market.
The Pittsburgh-based steelmaker had posted losses for six years in seven, it has just asked the U.S. International Trade Commission to screen steel import from China.

(article from Internet for reference only)

• [Editor:Chen Zhen Seng]