od JUGGLER » Str 09 18, 2019 11:29 pm
Čerstvé info z Ameriky ohľadom US steelu: ohlásili, že očakávajú stratu (trh čakal mierny zisk ). Dve vysoké pece ostanú odstavené do konca roka.V Európe sa trhové podmienky naďalej zhoršujú, pretože dislokácia medzi predajnou cenou ocele a nákladmi na suroviny stále vedú k výraznému stlačeniu marže. Firma neočakáva, že sa tento rok reštartuje vysoká pec.
Co expects Q3 adjusted EBITDA of approximately $115 mln, which excludes $53 mln from the December 24, 2018 fire at its Clairton coke making facility and estimated restructuring charges.
Co expects Q3 adjusted EPS of approx $(0.35) vs consensus of $0.01.
Co says that the positive flat-rolled steel market indicators experienced earlier this summer have softened after a brief recovery in steel selling prices. The impact of falling steel prices through Q2 combined with the impact of a larger than expected drop in scrap prices on market sentiment, is expected to negatively impact Flat-rolled earnings in 2H19.
As a result, co expects that two blast furnaces will remain idled through at least the end of the year. Based on the continued idling of two US blast furnaces and current demand forecasts, co now expects full year Flat-rolled shipments to be approximately 10.7 million tons.
In Europe, market conditions have continued to deteriorate, as the dislocation between steel selling prices and raw material costs continues to result in significant margin compression. Co does not expect to restart the currently idled blast furnace this year.
Co expects its Tubular segment to remain under pressure for the remainder of the year as market conditions have turned negative and import levels remain high.
Trading: ,,in the stock markets, timing is everything,,
Investovanie: ,,Amatérski investori investujúci pasívne do indexového fondu budú mať v dlhodobom horizonte lepšie výnosy ako profesionálni manažéri hedge fondov. Buffett.