Glonghui, September 19 | American Steel (X.US) once rose more than 3%, hitting a high of 37.94 US dollars. According to the news, the company updated its profit guidance for the third quarter. The adjusted earnings per share are expected to be between 44 and 48 cents, higher than analysts' average forecast of 39 cents. The reason is that demand for flat rolled steel in the US is elastic in an environment where steel prices are bottoming out.
美股异动丨美国钢铁一度涨超3% 更新的第三季度利润指引超预期
US stocks have fluctuated | United States Steel rose more than 3% at one point. The updated third-quarter profit guidance exceeded expectations.
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