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U.S. Steel Predicts ‘Best-Ever’ Second Quarter on Growing Demand

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David Burritt
David BurrittPhotographer: Daniel Acker/Bloomberg

U.S. Steel Corp. is predicting its “best” second quarter on growing steel demand from automakers to construction firms.

The Pittsburgh-based steelmaker is seeing consistently strong orders from equipment manufacturers for autos and appliances as well as from the construction industry, which will help the company extend record earnings for another quarter, Chief Executive Officer David Burritt told analysts Friday during U.S. Steel’s first-quarter earnings call.