“Our broad end market exposure keeps our business resilient with demand across a diverse customer base, including the resurging energy market. Our focus on strategic end markets and the continued realization of significantly increased fixed price contracts is again expected to generate another quarter of record performance,” said U. S. Steel president chief executive David Burritt. 

U. S. Steel said it is firing on all cylinders, with each of its business segments contributing significantly to profitability. 

At its integrated flat-rolled operations, for instance, increased demand is driving higher shipment volumes. “Additionally, the absence of seasonal mining headwinds that occur each year in the first quarter is expected to be an additional tailwind,” the company said.

Meanwhile, its tubular segment is benefitting from higher selling prices. 

“The resurgence in the energy markets is fueling demand for seamless pipe from our Fairfield Tubular operations and the segment’s proprietary connections,” the company said.

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