US Steel reports loss that may set record

United States Steel Corporation's fourth-quarter net loss of $561.7 milv lion left the company Wednesday with what was believed to be the biggest quarterly deficit ever posted by an American company. For 1979, the nation's largest steel producer reported it had a net loss of $293 million because of its closing of 15 plants.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK