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United States Steel | 10-K: FY2023 Annual Report

美国钢铁 | 10-K:2023财年年报

美股SEC公告 ·  02/02 13:21

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United States Steel Corporation (U.S. Steel) reported a decline in financial performance for the year 2023 compared to the previous year across its four reportable segments, with the exception of Tubular Products. The company's net sales decreased by 14% year-on-year, with the Flat-Rolled, Mini Mill, and U.S. Steel Europe (USSE) segments experiencing lower sales prices across most product categories. However, Tubular Products saw improved results due to lower variable compensation, increased equity investee earnings, and higher sales prices. U.S. Steel continued to execute its strategy by investing in key projects and returning value to shareholders through dividends and share repurchases. The company responded to changing market dynamics by idling certain operations to align steel supply...Show More
United States Steel Corporation (U.S. Steel) reported a decline in financial performance for the year 2023 compared to the previous year across its four reportable segments, with the exception of Tubular Products. The company's net sales decreased by 14% year-on-year, with the Flat-Rolled, Mini Mill, and U.S. Steel Europe (USSE) segments experiencing lower sales prices across most product categories. However, Tubular Products saw improved results due to lower variable compensation, increased equity investee earnings, and higher sales prices. U.S. Steel continued to execute its strategy by investing in key projects and returning value to shareholders through dividends and share repurchases. The company responded to changing market dynamics by idling certain operations to align steel supply with customer demand. The war in Ukraine has caused disruptions, but U.S. Steel has mitigated risks by sourcing raw materials from alternate suppliers and complying with sanctions against Russia. Looking ahead, U.S. Steel plans to focus on strategic initiatives, including the completion of construction and commissioning for key projects despite increased inflation and supply chain challenges. The company expects capital expenditures for 2024 to total approximately $1.7 billion, with a significant portion allocated to strategic projects to expand competitive advantages in low-cost iron ore, mini mill steelmaking, and finishing capabilities.
美国钢铁公司(U.S. Steel)报告称,除管状产品外,其四个应报告细分市场的2023年财务业绩与上年相比有所下降。该公司的净销售额同比下降了14%,其中平轧机、迷你钢厂和美国欧洲钢铁公司(USSE)板块的大多数产品类别的销售价格均有所下降。但是,由于可变薪酬降低、股权投资收益增加和销售价格上涨,Tubular Products的业绩有所改善。美国钢铁公司继续通过投资关键项目并通过分红和股票回购向股东回报价值来执行其战略。该公司通过暂停某些业务来应对不断变化的市场动态,以使钢铁供应与客户需求保持一致。乌克兰战争造成了混乱,但美国钢铁公司通过从其他供应商那里采购原材料和遵守对俄罗斯的制裁来减轻风险。展望未来,尽管通货膨胀加剧和供应链挑战,美国钢铁公司计划将重点放在战略举措上,包括完成关键项目的施工和调试。该公司预计,2024年的资本支出总额约为17亿美元,其中很大一部分分配给战略项目,以扩大低成本铁矿石、小型钢厂炼钢和精加工能力方面的竞争优势。
美国钢铁公司(U.S. Steel)报告称,除管状产品外,其四个应报告细分市场的2023年财务业绩与上年相比有所下降。该公司的净销售额同比下降了14%,其中平轧机、迷你钢厂和美国欧洲钢铁公司(USSE)板块的大多数产品类别的销售价格均有所下降。但是,由于可变薪酬降低、股权投资收益增加和销售价格上涨,Tubular Products的业绩有所改善。美国钢铁公司继续通过投资关键项目并通过分红和股票回购向股东回报价值来执行其战略。该公司通过暂停某些业务来应对不断变化的市场动态,以使钢铁供应与客户需求保持一致。乌克兰战争造成了混乱,但美国钢铁公司通过从其他供应商那里采购原材料和遵守对俄罗斯的制裁来减轻风险。展望未来,尽管通货膨胀加剧和供应链挑战,美国钢铁公司计划将重点放在战略举措上,包括完成关键项目的施工和调试。该公司预计,2024年的资本支出总额约为17亿美元,其中很大一部分分配给战略项目,以扩大低成本铁矿石、小型钢厂炼钢和精加工能力方面的竞争优势。
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