BRIEF-United States Steel Sees Q3 2020 Adjusted Loss Per Share About $1.45

Sept 18 (Reuters) - United States Steel Corp (X):

* ORATION PROVIDES THIRD QUARTER 2020 GUIDANCE

* SEES Q3 2020 ADJUSTED LOSS PER SHARE ABOUT $1.45

* Q3 2020 ADJUSTED EBITDA IS EXPECTED TO BE APPROXIMATELY $100 MILLION LOSS

* IMPROVING MARKET CONDITIONS EXPERIENCED IN JUNE AND JULY HAVE ACCELERATED THROUGH AUGUST AND SEPTEMBER

* HAVE GROWN CONFIDENT IN RECOVERY THAT IS UNDERWAY IN NORTH AMERICA AND EUROPE

* BY END OF QUARTER, PLAN TO REPAY APPROXIMATELY $900 MILLION OF U.S. ABL

* EXPECT FLAT-ROLLED SEGMENT RESULTS TO BE NEGATIVE IN Q3

* RESPONDED TO IMPROVING ORDER BOOK BY RESTARTING THREE BLAST FURNACES THAT WERE TEMPORARILY IDLED EARLIER THIS YEAR

* EXPECT TWO BLAST FURNACES TO REMAIN TEMPORARILY IDLED THROUGH YEAR-END

* IN EUROPE, PACE OF MARKET IMPROVEMENT HAS ALSO EXCEEDED EXPECTATIONS.

* IN TUBULAR, MARKET CONDITIONS APPEAR TO HAVE BOTTOMED, BUT CATALYSTS FOR IMPROVEMENT ARE LIMITED.

* Q3 EARNINGS PER SHARE VIEW $-1.53 -- REFINITIV IBES DATA Source text for Eikon: Further company coverage: