October 31, 2008
United States Steel Corporation Acquires Outstanding Interests in Clairton 1314B Partnership
PITTSBURGH, Oct. 31 /PRNewswire-FirstCall/ -- United States Steel Corporation announced today that it acquired the equity interests that it did not own in the Clairton 1314B Partnership LP (Partnership) for a price of $104 million, and that the Partnership has been terminated. The Partnership owned and operated two coke batteries at U. S. Steel's Clairton Works, and the financial results of the Partnership had been consolidated in U. S. Steel's financial statements. There will be no change in the operations at Clairton Works as a result of this transaction.
For more information about U. S. Steel, visit http://www.ussteel.com/.
United States Steel Corporation
CONTACT: John Armstrong, +1-412-433-6792 or Erin DiPietro,+1-412-433-6845, both of U. S. Steel
Web Site: http://www.ussteel.com/