Latest U.S. Steel Stories
PITTSBURGH, Oct. 25, 2011 /PRNewswire/ -- Net income of $22 million, or $0.15 per diluted share. Adjusted net income of $118 million, or $0.72 per diluted share, excluding $96 million of net foreign currency losses, primarily related to the accounting remeasurement of the intercompany loans. Segment income from operations of $295 million, reflecting a strong performance by our Flat-rolled segment and our Tubular segment's best results since the fourth quarter of 2008Shipments of 5.5...
PITTSBURGH, Oct. 4, 2011 /PRNewswire-FirstCall/ -- United States Steel Corporation (NYSE: X) announced today that interested shareholders, investors and others may listen to the company's third quarter 2011 conference call with securities analysts on Tuesday, Oct. 25, 2011, at 2 p.m. EDT. The call, which will be available via the U. S. Steel website, will cover third quarter 2011 financial results and may include forward-looking information. U. S. Steel officials participating in...
GRAND RAPIDS, Mich., Oct. 3, 2011 /PRNewswire/ -- Mill Steel Co., a leading flat rolled service center company headquartered in Grand Rapids, Michigan has announced the expansion of its Grand Rapids, MI corporate offices to support its growth in staffing and training requirements. The expansion includes the addition of approximately 5,000 square feet of corporate office space and a training facility designed to support the company's national sales and operations training activities. David...
PITTSBURGH, Sept. 29, 2011 /PRNewswire/ -- WHAT: UNITED STATES STEEL CORPORATION 19th ANNUAL UNITED WAY PARTY ON THE PLAZA WHERE: U. S. STEEL TOWER PLAZA (RAIN LOCATION: U. S. STEEL TOWER - UPPER LOBBY) 600 GRANT STREET PITTSBURGH, PA...
WEST MIFFLIN, Pa., Sept. 7, 2011 /PRNewswire/ -- Aubrey McClendon, chairman and CEO of Chesapeake Energy Corp., and John Surma, chairman and CEO of United States Steel, fill a Ford F-350 compressed natural gas vehicle during the commissioning of U. S. Steel's compressed natural gas fueling station at U. S. Steel's Irvin Plant in West Mifflin, Pa. on Wed. Sept. 7, 2011. McClendon joined Surma for the commissioning of the fueling station and U. S. Steel's fleet of compressed natural gas...
SANTIAGO, Chile, Aug. 25, 2011 /PRNewswire/ -- Li3 Energy, Inc., (OTC.BB.LIEG -News) ("Li3", "Li3 Energy" or the "Company"), a US-listed and South American based global exploration company in the lithium and minerals sector is pleased to announce that it has executed a Securities Purchase Agreement with POSCO Canada Ltd. ("POSCAN"), a wholly-owned subsidiary of POSCO, (NYSE: PKX), a Republic of South Korea multinational global leader. POSCO, with over $60 billion in revenue, is one of the...
CANTON, Ohio, Aug. 24, 2011 /PRNewswire/ -- The Timken Company (NYSE: TKR) is considering an investment of $225 million at its Canton, Ohio-based Faircrest Steel Plant that would increase capacity, expand product range and strengthen competitiveness of Timken® alloy steel bars. A ladle refiner and a new large-bloom continuous caster would be central to the investment, targeted to begin production in 2014. (Photo: http://photos.prnewswire.com/prnh/20110421/MM87610 ) (Logo:...
PITTSBURGH, Aug. 1, 2011 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced two executive appointments in its corporate risk management and finance organizations that are effective today. Larry T. Brockway, who currently serves as vice president and treasurer, has been appointed senior vice president and chief risk officer. Brockway will report to U. S. Steel Chairman and Chief Executive Officer John P. Surma. John J. Quaid, who serves as controller - North...
PITTSBURGH, July 26, 2011 /PRNewswire-FirstCall/ -- 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 September 10, 2011, to stockholders of record at the close of business August 10, 2011. For more information about U. S. Steel, visit www.ussteel.com. SOURCE United States Steel Corporation
PITTSBURGH, July 25, 2011 /PRNewswire/ -- Net income of $222 million, or $1.33 per diluted share, including $37 million, or $0.21 per diluted share, of net foreign currency remeasurement gains on intercompany loans Segment income from operations of $396 million, a significant improvement from first quarter 2011 and second quarter 2010, reflecting a strong performance by our Flat-rolled segmentShipments of 5.5 million tons, a decrease of 6 percent from first quarter 2011 due primarily to...
