Tuesday, April 24, 2007

U.S. Steel first-quarter profit rises 7 pct

(Reuters) - In January, U.S. Steel, which had cut domestic capacity because of high customer inventories and foreign imports, said it was ramping up production as demand and prices improved. Chief Executive Officer John Surma said the first quarter looked brighter as customer inventories had leveled off and appeared to be declining.




Read more at Reuters.com Market News

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