Steel News

Report: Indian Steelmaker Bidding On U.S. Steel Canada

13 August 2015 - India's Essar Steel Holdings is looking to acquire U.S. Steel Canada's operations, which are under creditor protection, according to a report in The Hamilton Spectator newspaper.

U.S. Producers Seeking Trade Measures Against Hot Rolled Steel Imports

12 August 2015 - Six U.S. steelmakers have filed petitions for trade action against imports of hot rolled flat products, the producers have announced.

U. S. Steel To Idle Alabama Blast Furnace

31 July 2015 - United States Steel Corp. intends to idle the blast furnace at its Fairfield Works in Alabama, where the company is installing a new electric arc furnace.

Weak Demand, Low Prices Take Toll on U.S. Steel Earnings

30 July 2015 - U.S. Steel Corp. posted a second-quarter net loss of $261 million, or $1.79 per diluted share, partly on account of low demand and prices.

U.S. Producers Seeking Trade Relief From Cold-Rolled Imports

29 July 2015 - Several major U.S. steel producers -- AK Steel Corp., ArcelorMittal USA LLC, Nucor Corp., Steel Dynamics Inc., and U.S. Steel Corp. -- have filed petitions charging that foreign producers from eight countries are are dumping cold-rolled steel at substantial margins, harming the domestic industry.

U.S. Steel Begins Calling Back Laid-off Workers at Minntac Plant

28 July 2015 - U.S. Steel is in the process of calling back all 400 laid-off workers at its Minntac taconite pellet plant on the Iron Range, according to the Minneapolis Star Tribune newspaper.

U. S. Steel Tubular Products Launches USS-LIBERTY TC™

28 July 2015 - U. S. Steel Tubular Products, a subsidiary of United States Steel Corporation, introduced USS-LIBERTY TC™, the company's newest American-made premium connection to oil and gas customers operating in challenging conditions.

U. S. Steel Canada Attempting to Swap Financiers

22 July 2015 - According to a report by the CBC, after fielding threats their financing would be cut, U.S. Steel Canada is filing to replace its original bankruptcy lender, U.S. Steel (USS), with Brookfield as the creditor for a unique line of credit for bankruptcy proceedings, called debtor in possession (DIP) financing.

United States Steel Corporation Places Order for EAF and Vacuum Tank Degasser With SMS USA

14 July 2015 - Recently, United States Steel Corporation made the strategic investment to build an electric arc furnace (EAF) at its Fairfield Works outside of Birmingham, Ala.

U. S. Steel President And CEO Mario Longhi Commends President Obama For Strengthening Trade Enforcement Laws

29 June 2015 - Today United States Steel Corporation President and CEO Mario Longhi commended President Barack Obama as he signed the Trade Promotion Authority (TPA) and Trade Adjustment Assistance (TAA) legislation into law.

U. S. Steel President And CEO Applauds Congress For The Passage Of Trade Promotion Authority And Trade Adjustment Assistance

25 June 2015 - Today United States Steel Corporation President and CEO Mario Longhi issued the following statement in response to the passage of the Trade Promotion Authority (TPA) and Trade Adjustment Assistance (TAA) bills.

Most of U. S. Steel's Irvin Employees Back to Work at West Mifflin Plant

19 June 2015 - According to a report by the Pittsburgh Business Times, United States Steel Corporation's Irvin plant in West Mifflin is nearly fully staffed.

AK Steel and Other US Producers File Trade Cases Against Five Countries

04 June 2015 - AK Steel today announced that it has joined other major domestic steel producers in filing anti-dumping and counter-vailing duty petitions against five countries related to corrosion-resistant steel.

United States Steel Corporation Announces Purchase Of DESCO

02 June 2015 - United States Steel Corporation announced another strategic step in the company's Carnegie Way transformation journey by completing the purchase of AK Steel's interest in Double Eagle Steel Coating Company (DESCO).

United States Steel Corporation Names Nancy Sykes Vice President - Human Resources

15 May 2015 - United States Steel Corporation President and Chief Executive Officer Mario Longhi today announced that Nancy Sykes has been named vice president - human resources.

United States Steel Corporation Reports 2015 First Quarter Results

01 May 2015 - -- Net loss of $75 million, or $0.52 per diluted share; Adjusted net loss of $10 million, or $0.07 per diluted share -- Adjusted EBITDA of $110 million -- Operating cash flow of $136 million -- Total liquidity of $2.8 billion, including $1.3 billion of cash -- Updated full-year 2015 outlook to adjusted EBIT of $115 million to $315 million and adjusted EBITDA of $700 million to $900 million

U.S. Steel Plant Worker Crushed to Death By Truck; Homicide Investigation Launched

20 April 2015 - A U.S. Steel employee was killed Saturday when a semitruck from ALCO Transportation at U.S. Steel's Ecorse plant struck her, the News-Herald reports.

The Legal Intelligencer Names U. S. Steel as One of Pennsylvania's Best In-House Legal Departments

17 April 2015 - United States Steel Corporation announced that its in-house legal department has been named the winner for both General Excellence and for Diversity in The Legal Intelligencer's Best Legal Departments contest. Led by Suzanne Rich Folsom, general counsel, chief compliance officer and senior vice president – government affairs, U. S. Steel was the only company to be recognized as a multiple category winner.

U. S. Steel Announces Management Changes At European and North American Operations

16 April 2015 - United States Steel Corporation announced two management changes at its European and North American operating facilities.

U. S. Steel Canada Commences Sale and Restructuring/Recapitalization Process

13 April 2015 - U. S. Steel Canada Inc. obtained an initial order under the Companies' Creditors Arrangement Act (Canada) ("CCAA") from the Ontario Superior Court of Justice, Commercial List (Toronto) (the "Court") on September 16, 2014.