According to the report, United States Steel Corporation (U.S. Steel) stated that its European subsidiary, U.S. Steel Europe (USSE), continued to face weak demand in the European market, particularly at its Košice plant in Slovakia. While crude steel production declined by 1% to 795,000 net tons in the fourth quarter, shipments increased by 1.5% year-on-year to 743,000 net tons.

Benefiting from increased shipments, rising prices, lower coal costs, reduced CO2 reserves, and inventory adjustments, EBITDA rebounded to US$48 million, compared to a loss of US$35 million in the same period last year. However, increased expenses drove up operating costs.

For the full year 2025, shipments are projected to decline by 9% to 3.25 million net tons, with capacity utilization falling to 71%, reflecting continued pressure from weak European demand.