Steel News

U. S. Steel Canada to Sell Bar, Bloom & Billet Mill to Max Aicher North America

29 April 2010 - U. S. Steel Canada enters into an agreement to sell the No. 1 Bar Mill and the No. 3 Bloom and Billet Mill at its Hamilton Works to Max Aicher (North America) Inc.

United States Steel Reports 1st Quarter 2010 Results

28 April 2010 - United States Steel reports a net loss of $157 million on net sales of $3.9 billion for the first quarter of 2010.

U. S. Steel Selects New General Manager-Raw Materials

20 April 2010 - United States Steel Corp. has named Marc F. Stoken as the General Manager-Raw Materials effective April 1. He is responsible for overseeing all raw materials purchasing activities for U. S. Steel's North American operations.

Lake Erie Plant Employees Ratify New Collective Bargaining Agreement

16 April 2010 - United Steelworkers Local Union 8782 has ratified a new three-year labor contract for employees at U. S. Steel Canada Inc.'s Lake Erie Plant.

United Steelworkers, U.S. Steel Reach Tentative Deal at Nanticoke

09 April 2010 - Negotiating teams for USW Local 8782 and U.S. Steel Canada's Lake Erie Works facility reach a tentative agreement that could bring an end to the lock-out that has been ongoing since last August.

U. S. Steel to Record Q1 Charge due to New Healthcare Legislation

08 April 2010 - United States Steel expects to record a charge of approximately $27 million in the first quarter of 2010 as a result of recently enacted Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010.

United States Steel Announces Pricing on Senior Notes Offering

17 March 2010 - United States Steel Corp. announced the pricing of its public offering of $600 million aggregate principal amount of 7.375% Senior Notes due 2020. The notes were priced at 99.125% of the principal amount.

U.S. Steel Announces Executive Appointments in Europe, North America

05 February 2010 - United States Steel announced several new appointments, including a new Vice President–Commercial, Europe, and two advancements in the company's North American sales and marketing organizations.

Cliffs Natural Resources Closes Wabush Mines Acquisition

02 February 2010 - Cliffs Natural Resources completes acquisition of the interest held in the Wabush Mines joint venture by former partners U.S. Steel Canada and ArcelorMittal Dofasco.

United States Steel Reports 4th Quarter, Full-Year Results

27 January 2010 - United States Steel Corp. reported a net loss of $267 million on net sales of $3.35 billion for the fourth quarter, and a net loss of $1,401 million on net sales of $11.05 billion for the full year 2009.

U. S. Steel Expands Weathered Metal Series for Architectural Applications

26 January 2010 - In a joint project with Precoat Metals, United States Steel Corp. has launched its Weathered Metal Series, which adds weathered copper and weathered galvanized steel to its offering.

U. S. Steel, Others File for Critical Circumstances in Tubular Trade Case

08 January 2010 - U.S. Steel and other petitioning parties will make an allegation of "critical circumstances" in the ongoing antidumping and countervailing duty investigations into seamless standard, line and pressure pipe from China.

API Steel Pipe Factory Completed in Pittsburg

13 November 2009 - Posco has completed construction of an annual 270,000-tonne scale API steel pipe factory in Pittsburg, Calif. United Spiral Pipe, established jointly with U.S. Steel and Seah Steel, will manufacture and sell API-certified steel pipes designed for energy transportation.

U. S. Steel Tubular Announces 2009 Chief Roughneck Award

06 November 2009 - U. S. Steel Tubular Products, Inc. announces Harold Korell, Executive Chairman of the Board of Directors of Southwestern Energy, as the recipient of its Chief Roughneck Award for 2009.

United Spiral Pipe Dedicates New Facility

04 November 2009 - United Spiral Pipe, a joint venture of U.S. Steel, Posco, and SeAH Steel, recently dedicated its new spiral welded pipe manufacturing facility in Pittsburg, Calif., that will produce 300,000 net tons of line pipe per year at its peak.

U.S. Steel Announces Executive Changes

03 November 2009 - United States Steel recently announced several executive-level leadership changes. Vice President-Supply Chain & Customer Service John C. Price will retire effective November 30; Anton Lukac will assume his position. Anthony R. Bridge will succeed Lukac.

United States Steel Reports 3rd Quarter Results

28 October 2009 - United States Steel Corp. reported a net loss of $303 million on net sales of $2.82 billion for the third quarter and a net loss of $1.13 billion on net sales of $7.69 billion for the first nine months of 2009.

EPA to Weigh Public Comment on New Wastewater Permit for Gary Works

16 October 2009 - EPA Region 5 withdraws its earlier objections to a 2007 version of Indiana's wastewater discharge permit for U.S. Steel's Gary Works. EPA is withholding final judgment on the new draft permit until a 45-day comment period is completed.

Cliffs to Acquire Partners’ 73.2% Interest in Wabush Mines

13 October 2009 - Cliffs Natural Resources plans to exercise its right of first refusal and acquire U.S. Steel Canada’s 44.6% interest and ArcelorMittal Dofasco’s 28.6% interest in the Wabush Mines joint venture.

U.S. Steel Canada, ArcelorMittal to Sell Interests in Wabush Mines Joint Venture

12 October 2009 - U.S. Steel Canada and ArcelorMittal have entered into an agreement with Consolidated Thompson Iron Mines, providing for the purchase by Consolidated of U.S. Steel Canada's 44.6% interest and ArcelorMittal's 28.6% interest in Wabush Mines.