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U.S. Steel reports $1.5 billion loss for 2015Announcement comes a few ...

2016-01-29 00:28:42| Steel - Topix.net

United States Steel Corp. reported a full-year 2015 net loss of $1.5 billion, according to results published by the company Jan. 26. The company also posted a fourth quarter 2015 net loss of $999 million, compared to fourth quarter 2014 net income of $275 million, and a third quarter 2015 net loss of $173 million. The results come just a few weeks after Lorain steelworkers learned U.S. Steel's Lorain Tubular Operations was cutting jobs and shutting down part of its facility.

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