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U. S. Steel
Latest News
U. S. Steel Posts US$162 Million Profit in Second Quarter
26 July 2017 - United States Steel Corporation swung to profitability in the second quarter on higher average steel prices.
Stelco Completes Sale and Exits Creditor Protection
03 July 2017 - U.S. investment firm Bedrock Industries has closed on its acquisition of Canada’s Stelco, officially bringing to an end a decade of United States Steel Corporation ownership and nearly three years of uncertainty under creditor protection.
Judge OKs Stelco Sale
09 June 2017 - A Canadian judge approved Stelco’s restructuring plan and sale to U.S. investment firm Bedrock Industries Group on Friday, a decision that will allow the steelmaker to emerge from creditor protection as a standalone business.
U. S. Steel Announces Four Executive Appointments
01 June 2017 - United States Steel Corp. president and chief executive officer David B. Burritt has begun setting his management team, announcing new roles and duties for three current executives and the hiring of a fourth on Thursday.
U. S. Steel's Mario Longhi Steps Down, Announces June Retirement
10 May 2017 - United States Steel Corporation’s chief executive officer has stepped down and will retire from the company at the end of June, the steelmaker announced Wednesday.
U. S. Steel to Restart Idled Tube Mill
26 April 2017 - United States Steel Corp. said it is restarting an idled electric-weld tube line in Texas and has reconsidered the closing of a pipe processing line in Ohio.
U. S. Steel Speeds Up Mill Upgrades at the Expense of Near-Term Earnings
26 April 2017 - United States Steel Corp. shares slid nearly 27% on Wednesday after the integrated steelmaker posted an unexpected US$180 million loss and said an accelerated plan to rehab its mills would cut into future earnings.
Investigation to Assess National Security Risks of Steel Imports
20 April 2017 - The Trump Administration has opened an investigation into whether steel imports are threatening national security, invoking a seldom-used, 55-year-old law that gives the president the right to restrict imports due to national security concerns.
Idled U. S. Steel Quench-and-Temper Mill to be Permanently Shut
15 March 2017 - United States Steel Corp. will permanently close an idled quench-and-temper mill at its Lorain, Ohio, tubular plant, according to reports.
Ontario Court Receives Stelco Restructuring Plan
14 March 2017 - Stelco Inc. has submitted a reorganization plan that, if successful, would keep the business intact and preserve more than 2,100 jobs, it has announced.
U. S. Steel Allots $200 Million for Mill Projects
06 February 2017 - United States Steel Corp. said it will invest US$200 million in its mills during the next several years, reports The Times newspaper of northwest Indiana.
Two Named to U. S. Steel Executive Management Team
03 February 2017 - United States Steel Corp. has appointed two senior directors to its executive management team, the Pittsburgh-based steelmaker announced on Friday.
Former U.S. Steel Executive Will Oversee Federal Reserve Bank
19 January 2017 - Retired U. S. Steel Corp. chairman and chief executive John P. Surma has been named chairman of the Federal Reserve Bank of Cleveland.
U. S. Steel Announces Plans to Restart Idled Taconite Facility
03 January 2017 - United States Steel Corp. will restart its idled Keetac taconite mine and pellet plant in Minnesota after securing third-party orders for pellets, the company has announced.
U.S. Steel to Close Tube Lines at Ohio, Texas Plants
21 December 2016 - United States Steel Corp. is permanently closing one of the two seamless tube mills at its Lorain, Ohio, plant and a welded tube mill at its Lone Star, Texas, plant, reports The Times newspaper of northwest Indiana.
U.S. Steel to Restart Idled Strip Mill
13 December 2016 - United States Steel Corp. said it will bring back up the idled hot strip mill at its Granite City Works in Illinois to maintain production as other mills undergo maintenance outages, the steelmaker announced on Tuesday.
Stelco Takes Another Step Toward Completing Restructuring
12 December 2016 - Canada’s Stelco Inc. said it will move ahead with plans to be sold to New York investment firm Bedrock Industries and will seek court approval for the deal.
U.S. Steel Canada No More. It's Stelco Now.
02 December 2016 - In a move to reassert itself as a Canadian steelmaker that’s now independent of its Pittsburgh-based parent, U.S. Steel Canada is bringing back the Stelco name.
U. S. Steel Keeps Electric Furnace Plans on the Burner, Hopes to Soon Finalize Stelco Sale
02 November 2016 - An electric arc furnace remains in the cards for United States Steel Corp. -- it’s only a matter of finding the right time and place to make the investment, the company’s chief executive said Wednesday.
U. S. Steel Keeps Electric Furnace Plans on the Burner, Hopes to Soon Finalize Stelco Sale
02 November 2016 - An electric arc furnace remains in the cards for United States Steel Corp. -- it’s only a matter of finding the right time and place to make the investment, the company’s chief executive said Wednesday.
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