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Latest U.S. Steel Stories

2014-07-21 20:21:07

FORT WAYNE, Ind., July 21, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced second quarter 2014 net income of $72 million, or $0.31 per diluted share, on net sales of $2.1 billion. By comparison, prior year second quarter net income was $29 million, or $0.13 per diluted share, on net sales of $1.8 billion; and sequential first quarter 2014 net income was $39 million, or $0.17 per diluted share, on net sales of $1.8 billion. "Our consolidated operating...

2014-07-15 12:23:52

PITTSBURGH, July 15, 2014 /PRNewswire/ -- Today United States Steel Corporation (NYSE: X) President and CEO Mario Longhi issued the following statement regarding his testimony before the International Trade Commission (ITC) regarding the trade case on Oil Country Tubular Goods (OCTG) against nine countries including South Korea. The Company, the largest integrated producer of tubular products headquartered in the United States, is a petitioner in the case. Longhi's statement...

2014-07-11 16:21:46

PITTSBURGH, July 11, 2014 /PRNewswire-USNewswire/ -- United Steelworkers (USW) International President Leo W. Gerard issued the following statement today after the U.S. Department of Commerce made its decision to impose dumping margins against South Korean oil country tubular goods (OCTG) dumped into the United States: http://photos.prnewswire.com/prnvar/20080131/DC12982LOGO "With this decision, the U.S. Commerce Department listened to thousands of hard-working Americans and took a...

2014-07-11 16:21:44

PITTSBURGH, July 11, 2014 /PRNewswire/ -- Today United States Steel Corporation (NYSE: X) President and CEO Mario Longhi issued the following statement in response to the U.S. Department of Commerce's final determination in a trade case on Oil Country Tubular Goods (OCTG) against nine countries including South Korea. The Company, the largest integrated producer of tubular products headquartered in the United States, was a petitioner in the case. Longhi's statement follows:...

2014-07-09 08:30:47

PITTSBURGH, July 9, 2014 /PRNewswire/ -- United States Steel Corporation (NYSE: X) announced today that interested stockholders, investors and others may listen to the company's second quarter 2014 conference call with securities analysts on Wednesday, July 30, 2014, at 8:30 a.m. EDT. The call, which will be available via the U. S. Steel website, will cover second quarter 2014 financial results and may include forward-looking information. The company plans to release its second...

2014-06-05 12:24:20

PITTSBURGH, June 5, 2014 /PRNewswire/ -- United States Steel Corporation (NYSE: X) Executive Vice President and Chief Financial Officer David B. Burritt announced today that Vice President and Controller Gregory A. Zovko has informed the company of his plan to retire effective June 30 after 31 years with the company. Zovko began his career with U. S. Steel in 1983 as an accounting and finance management associate. During his tenure with the company Zovko held progressively more...

2014-06-02 12:23:29

PITTSBURGH, June 2, 2014 /PRNewswire/ -- United States Steel Corporation (NYSE: X) announced today it will indefinitely idle two tubular manufacturing facilities in McKeesport, Pa., and Bellville, Texas, in early August, impacting approximately 260 employees as a result of business conditions which are influenced by unfairly traded tubular products imported into the United States. The indefinite idling of these loss-making operations will reduce the number of U. S. Steel's...

2014-05-14 12:24:24

PITTSBURGH, May 14, 2014 /PRNewswire-USNewswire/ -- United Steelworkers (USW) International President Leo W. Gerard will join U.S. Secretary of Commerce Penny Pritzker and U.S. Steel CEO Mario Longhi on Thursday, May 15, in a visit to U.S. Steel's Irvin plant in West Mifflin, Pa. http://photos.prnewswire.com/prnvar/20080131/DC12982LOGO The three will meet with leaders from industry, labor, academia and local government from the Pittsburgh area, as well as USW members on the job at...

2014-05-13 12:25:18

PITTSBURGH, May 13, 2014 /PRNewswire-USNewswire/ -- United Steelworkers (USW) International President Leo W. Gerard issued the following statement today on the release of a study of the enormous challenges facing the U.S. steel sector from a flood of imports and rising excess global capacity in steel production. The report "Surging Steel Imports Put Up to Half a Million U.S. Jobs at Risk" by the Economic Policy Institute and the Law Offices of Stewart & Stewart provides a...

2014-04-29 16:24:17

PITTSBURGH, April 29, 2014 /PRNewswire/ -- United States Steel Corporation (NYSE: X) announced today that the Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The dividend is payable June 10, 2014, to stockholders of record at the close of business May 14, 2014. United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 200 company with major production operations in the United...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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