Steel News

USS Makes Historic Conservation Donation

01 February 2005 - United States Steel Corp. and the Black Warrior-Cahaba Rivers Land Trust have reached an historic agreement that would create Red Mountain Park, one of the largest urban parks in the United States.

AK Steel Announces New Senior Vice Presidents

25 January 2005 - AK Steel has named David C. Horn and John F. Kaloski Senior Vice Presidents. Mr. Horn is the corporation’s General Counsel and Secretary, and Mr. Kaloski oversees the corporation’s safety, operations, quality assurance, engineering, purchasing and supply chain management functions.

U. S. Steel Reports Record 4th Quarter and Full-Year Results

25 January 2005 - United States Steel Corp. reported fourth quarter net income of $462 million on revenues of $3890 million, and full year net income of $1085 million on revenues of $13,969 million.

Innovative Systems to Supply OFAC Compliance Software for U. S. Steel

08 December 2004 - Innovative Systems, Inc. was selected by United States Steel Corp. to provide its web-based compliance solution for screening associates against the U.S. Treasury's Office of Foreign Assets Control (OFAC) list.

U. S. Steel to Move Tech Center to former Homestead Works

07 December 2004 - United States Steel Corp. has entered into an agreement with Continental Real Estate, Inc. to purchase a building located in The Waterfront in Munhall, Pa., on the former site of U. S. Steel's Homestead Works. Terms of the sale were not disclosed.

GE Commercial Finance to Provide $173.5 Million in Financing for U. S. Steel

24 November 2004 - GE Commercial Finance Corporate Lending announced it has provided $173.5 million in financing to United States Steel Corp.

USS Development Center to Promote Investment in Serbia

12 November 2004 - United States Steel Corp. announced that officials of the U. S. Steel Serbia Economic Development Center (EDC) will lead a team of government and business representatives to the United States to promote North American investment in Serbia. The group will host a series of road show investment roundtables November 13-20 in New York, Cleveland and Chicago.

U. S. Steel Reports Record 3rd Quarter Results

27 October 2004 - United States Steel Corp. reported record net income of $354 million on total revenues of $3729 million for the third quarter, and net income of $623 million on total revenues of $10,176 million for the first nine months of 2004.

Auto/Steel Partnership Announces Executive Director

20 October 2004 - The Auto/Steel Partnership (A/SP) Joint Policy Board announced the appointment of Dr. Roger A. Heimbuch as executive director of the Partnership.

U. S. Steel Names General Manager of Processed Products

19 October 2004 - United States Steel Corp. announced that it will centralize its sheet products processing and delivery operations and has appointed Lisa A. Roudabush as General Manager—Processed Products to oversee the new organization.

United States Steel Names Vice President and Treasurer

20 September 2004 - United States Steel Corp. Executive Vice President & Chief Financial Officer Gretchen R. Haggerty announced that Larry T. Brockway has been named Vice President & Treasurer effective October 1, responsible for all treasury functions. Brockway will continue to report to Haggerty, who formerly held the position.

AK Steel Names Director of Purchasing

08 September 2004 - AK Steel announced it had named Anthony C. Perry to the new post of Director of Purchasing.

U. S. Steel Vice Chairman Roy Dorrance to Retire

07 September 2004 - United States Steel Corp. announced that Roy G. Dorrance, Vice Chairman, has elected to retire at the end of September.

New General Managers Named at Three U. S. Steel Facilities

24 August 2004 - United States Steel Corp. announced changes in the leadership at Gary Works, Mon Valley Works and Fairfield Works. The new appointments are effective September 1, concurrent with the promotion of George F. Babcoke, General Manager of Gary Works, to Managing Director of Engineering and Research.

U. S. Steel Announces New Managing Director of Engineering and Research

24 August 2004 - United States Steel Corp. announced the appointment of George F. Babcoke to Managing Director of Engineering and Research, effective September 1.

Coalition Announces Grand Calumet and Indiana Harbor Settlement

23 August 2004 - U. S. Steel, part of a coalition of eight companies, announced last week an historic agreement regarding plans for environmental restoration of the East Branch of the Grand Calumet River and the Indiana Harbor Canal System. The agreement, which should expedite work on the area's natural resources and habitats, settles a natural resources damages claim brought by the state of Indiana and two federal agencies against companies whose operations had allegedly had an adverse effect on the area's environment. The settlement involves eight of the companies.

U. S. Steel Names General Manager of Public Affairs

20 August 2004 - United States Steel Corp. announced the appointment of Charles L. "Chuck" Rice to the position of General Manager—Public Affairs, effective Sept. 1, 2004.

AISI Chairman Details Challenges to Domestic Industry

20 August 2004 - “We are witnessing major structural changes in the steel industry, which can be described accurately as both ‘revolutionary’ and predictable,” American Iron and Steel Institute (AISI) Chairman David S. Sutherland, President and CEO of Ipsco, Inc., testified Thursday, August 19, at a Steel Caucus field hearing in Pittsburgh.

U. S. Steel Withdraws Case against Miller Citizens

09 August 2004 - United States Steel Corp. has withdrawn its request to be compensated by the Miller Citizens Corp. (MCC) for legal fees incurred defending against a filing by the MCC to oppose the proposed tax settlement between the company, Lake County and the state of Indiana. The Indiana Tax Court recently held that MCC had no right to intervene and that the MCC motion was not timely filed.

United States Steel Reports 2nd Quarter Income

28 July 2004 - United States Steel Corp. reported net income of $211 million on total revenues of $3466 million for the second quarter of 2004.