Crude steel and steel-product output rose 9.9 percent and 11.4 percent to 492 million tons and 587 million tons, respectively.

Own coal production in 2Q 2019 increased by 18.1% to 1.5Mt.

Total steel shipments in 2Q 2019 were 4.3% higher at 22.8Mt as compared with 21.8Mt for 1Q 2019.

Its own iron ore production in 2Q 2019 increased by 4.0% to 14.6Mt as compared to 14.1Mt in 1Q 2019.

In the week ending on August 10, 2019, US domestic raw steel production was 1,867,000 net tons.

U.S. Steel’s Q2 earnings are scheduled to be released Thursday. Although the stock fell to its 52-week low in May.

C1 costs of US$12.78 per wmt, five per cent lower than the March quarter (US$13.51/wmt).

However, uncertainty over the trade environment and volatility in the financial markets continue and could pose downside risks to this forecast. At the time of writing this, nothing has changed.