U.S. Steel's $3 Billion Mini-Mill Sparks Stock Upgrade: What Investors Need To Know
U.S. Steel's $3 Billion Mini-Mill Sparks Stock Upgrade: What Investors Need To Know
United States Steel Corporation (NYSE:X) shares are up on the optimism for its $3 billion Mini-Mill steel mill in Osceola, Arkansas.
美國鋼鐵公司（紐交所：X）的股票因其位於阿肯色州奧斯辛拉的30億美元迷你工廠的樂觀情緒而上漲。
BMO Capital Markets upgraded U.S. Steel's stock from Market Perform to Outperform on Wednesday as it expects the $3 billion plant to forge greater profits for the Pittsburgh-based steel maker.
本週三，BMO資本市場將美國鋼鐵股票評級從市場表現升級至跑贏市場，因爲它預計這家總部位於匹茲堡的鋼鐵製造商的30億美元工廠將帶來更大的利潤。
"In general, our view remains increased Mini-Mill production should translate to improved through-cycle profitability" and greater sheet forging, analyst Katja Jancic wrote in a note.
分析師Katja Jancic在一份報告中寫道：“總的來說，我們認爲增加的迷你鍊鋼生產應該能夠轉化爲更好的週期性利潤和更多的平板鍛造。”
"While we recognize there are risks/potential delays/start-up costs associated with starting up new capacity, it is our view X should start benefiting from these investments in 2025, with the full run-rate EBITDA potential likely achieved in 2026."
她繼續說道：“雖然我們認識到啓動新產能可能存在風險/潛在延誤/啓動成本，但我們認爲美國鋼鐵公司將從這些投資中受益，並在2025年開始實現這些好處，預計在2026年實現全額EBITDA潛力。”
Also Read: What's Happening With US Steel Shares On Monday?
還要閱讀：美國鋼鐵公司股票週一有什麼變化？
U. S. Steel broke ground on the facility in 2022 and plans to complete construction this year. The plant, which was acquired as part of Big River Steel's 2020 acquisition, will feature two electric arc furnaces (EAFs) capable of producing 3 million tons of steel per year, according to the company.
美國鋼鐵公司於2022年開始在該工廠開工建設，並計劃在今年完工。據該公司介紹，該工廠作爲Big River Steel 2020年收購的一部分，將擁有兩座電弧爐（EAFs），年產鋼鐵300萬噸。
So far, U.S. Steel finished building Mini-Mill's electrical steel line in last year's fourth quarter and expects to complete constructing the dual coating line in this year's second quarter. The company expects a total run-rate of $200 million in EBITDA from these installations by 2026, Jancic noted.
迄今爲止，美國鋼鐵公司於去年第四季度完成了迷你鋼廠的電工鋼生產線的建設，並計劃在今年第二季度完成雙重塗層線的建設。該公司預計到2026年從這些設施中獲得總計2億美元的EBITDA。
U.S. Steel also expects to finish construction on a larger BRS2 steel mill nearby that will double its steelmaking capacity to 6.3 million tons and have a run-rate of $1 billion in EBITDA.
美國鋼鐵公司還計劃在附近完成一座更大的BRS2鋼廠的建設，該鋼廠的鋼鐵生產能力將翻一番，達到630萬噸，並將擁有10億美元的EBITDA利潤。
Japan's Nippon Steel finalized a deal in December 2023 to buy U.S. Steel for $14.9bn.
日本的日本製鐵公司於2023年12月完成了以149億美元的價格購買美國鋼鐵的交易。
X Price action: U.S. Steel shares were up 3.42% at $36.42 Wednesday at publication.
截至週三發佈，美國鋼鐵公司的股票上漲3.42％，至36.42美元。
Photo: Courtesy U.S. Steel
圖片：美國鋼鐵公司提供
譯文內容由第三人軟體翻譯。