Pennsylvania-based steel manufacturer United States Steel (X) expects to report adjusted EBITDA of around $2 billion in the third quarter of 2021, compared to $1.3 billion reported in the second quarter of 2021. Following the announcement, shares of the company lost 1.2% in after-hours trading on Thursday to close at $25.09. Furthermore, the company has reduced its debt by nearly $2.7 billion, excluding the impact of the Big River Steel acquisition. United States Steel has production operations in Central Europe and the United States. (See United States Steel stock chart on TipRanks) The President and CEO of U.S. Steel, David B.
https://www.tipranks.com/news/united-states-steel-expects-adjusted-ebitda-of-2b-in-q3?utm_source=advfn.com&utm_medium=referral
US Steel (NYSE:X)
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