Completely rewrite the following article in a fresh and original style. Ensure the new content conveys the same sentiment and message as the original. The rewritten article should:
- Start with a compelling introduction that hooks the reader (do not label this section).
- Maintain any lists and points as they are, using numbering and bullet points where necessary. Rewrite the explanations and discussions around these points to make them fresh and original. Ensure the lists are formatted correctly with proper numbering or bullet points.
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Organize the content into clear, logical sections. Subheadings are not mandatory. Each section should have a subheading only if it enhances readability and comprehension.
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End with a strong conclusion that summarizes the key points and provides a closing thought or call to action (do not label this section).
Make sure the article flows coherently, is engaging, and keeps the reader interested until the end. Reorganize and structure the content efficiently to enhance readability and comprehension. Use varied sentence structures and vocabulary to avoid monotony. Avoid directly copying any sentences or phrases from the original content. Here is the original content:
(Reuters) -United States Steel on Thursday forecast a surprise loss for the fourth quarter, sending its shares down nearly 5% in aftermarket trading. The company expects an adjusted loss of between 29 cents and 25 cents for the quarter, compared with analysts’ average estimate of a profit of 16 cents, according to data compiled by LSEG. U.S. Steel projected its fourth-quarter adjusted core profit to be about $150 million, which is below its prior forecast of $225 million to $275 million. Steel prices remained depressed and costs related to the ramp up of its Big River 2 (BR2) facility exert pressure on the quarter, while the team works towards increasing prime ton production in its new mill, said CEO David Burritt. The company added that demand and pricing environment in Europe has been weak. To meet production volume requirements after an unplanned downtime from a fire, the company is temporality operating three blast furnaces beginning Dec. 7 but expects to return to two blast furnaces by January, U.S. Steel added. The fourth-quarter core profit for the flat-rolled segment is expected to be lower than the previous quarter due to lower selling prices and volumes, along with increased outage and maintenance activities. Core profit at its mini mill segment is also expected to be lower than the third quarter due to lower volumes. The company sees about $30 million in related start-up and one-time construction costs and $20 million in ramp-related impact from BR2.
U.S. Steel looks to steadily ramp to full capacity in 2025. The company’s forecast comes at a time when its $14.9 billion buyout offer by Japanese steelmaker Nippon Steel faces opposition from U.S. government officials over national security concern. !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=();t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)(0);s.parentNode.insertBefore(t,s)}(window, document,’script’,’https://connect.facebook.net/en_US/fbevents.js’);
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