U.S. Steel Lowers EBITDA Guidance for Q4 Amid Weak Pricing
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U.S. Steel has lowered its adjusted EBITDA guidance for Q4 to $150 million, citing weak pricing as a key factor. This revision is a decrease from the company's previous outlook.
December 20, 2024 | 1:45 pm
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U.S. Steel has revised its Q4 adjusted EBITDA guidance down to $150 million, indicating weaker than expected financial performance due to pricing pressures.
The reduction in EBITDA guidance suggests weaker financial performance, likely leading to negative sentiment among investors and potential short-term stock price decline.
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