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U.S. Steel business headlines & news reports



April Steel Shipments Up 0.7 Percent From March, Year-To-Date Shipments ...
Mon, 17 Jun 2013 17:36:21 +0100
WASHINGTON, D.C. The American Iron and Steel Institute (AISI) reported today that for the month of April 2013, U.S. steel mills shipped 7,978,531 net tons, a 0.7 percent increase from the 7,922,265 net tons shipped in the previous month, March 2013, and a 3.2 percent decrease from the 8,245,339 net tons shipped in April 2012.
http://www.steel.org/en/sitecore/content/Steel_org/Document%20Types/News/2013/April%20Steel%20Shipments%20Up%20Point%207%20Percent%20From%20March.aspx


Longhi named U.S. Steel president; Surma stays CEO and chairman - ...
Thu, 30 May 2013 20:32:37 +0100
United States Steel Corp. is shuffling the top ranks, promoting Mario Longhi to the position of president while John P. Surma remains chairman and CEO. The changes are effective June 1. The move announced Thursday morning gives a higher profile to ...
http://www.bizjournals.com/pittsburgh/news/2013/05/30/longhi-named-president-of-us-steel.html


US Steel names COO Mario Longhi as president
Thu, 30 May 2013 17:41:26 +0100
United States Steel Corp. has named Chief Operating Officer Mario Longhi to the additional role of president. Longhi, who will now assume additional responsibility for human resources and risk management, ...
http://news.yahoo.com/us-steel-names-coo-mario-164126226.html


Short-term Underperformance Detected in Shares of Cliffs Natural ...
Thu, 30 May 2013 05:53:40 +0100
Cliffs Natural Resources (NYSE:CLF) ranks first with a loss of 5.78%; Gerdau (NYSE:GGB) ranks second with a loss of 3.05%; and U.S. Steel (NYSE:X) ranks third with a loss of 2.27%. Vale (NASDAQ:VALE) follows with a loss of 2.04% and Commercial Metals (NYSE ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=55dac3343983442baffef1cac69f2b8c&url=http%3a%2f%2fwww.fnno.com%2fstory%2ffast-lane%2f331-short-term-underperformance-detected-shares-cliffs-natural-resources-steel-industry-clf-ggb-x-vale-cmc-auto-&c=5RvzjRV9x9Ey2CJ2YTtaSfBtyAerf081MXIluMFwuIc&mkt=en-gb


McKeesport steelworkers set to decide on new pact - Tribune-Review
Wed, 29 May 2013 10:02:00 +0100
On April 30 Surma said his company will expand the Lorain operation to increase capacity and produce large-diameter pipe. U.S. Steel makes seamless pipe at Lorain with outside diameters ranging from 2.063 to 26 inches. The ERW pipe produced at ...
http://triblive.com/neighborhoods/yourmckeesport/yourmckeesportmore/4096346-74/steel-camp-contract


March Steel Shipments Up 6.5 Percent From February, Down 6.9 Percent ...
Thu, 16 May 2013 16:29:32 +0100
WASHINGTON, D.C. The American Iron and Steel Institute (AISI) reported today that for the month of March 2013, U.S. steel mills shipped 7,922,265 net tons, a 6.5 percent increase from the 7,436,388 net tons shipped in the previous month...
http://www.steel.org/en/sitecore/content/Steel_org/Document%20Types/News/2013/March%20Steel%20Shipments%20Up%206%20Plus%20Percent%20From%20February.aspx


U.S. Steel, Kobe Steel commission new line - Pittsburgh Business ...
Tue, 14 May 2013 08:14:15 +0100
Toledo Blade - "The investment in this Continuous Annealing Line represents more than just the future of this facility — it also represents the future for automotive steel products and the applications in which they are used," U.S. Steel Chairman and CEO John Surma ...
http://www.bizjournals.com/pittsburgh/news/2013/05/13/us-steel-kobe-steel-commission-new-line.html


US Steel Exports Dropped in the First Quarter
Thu, 09 May 2013 17:43:45 +0100
U.S. steel exports in March totaled 1.1 million tons, rising 6.1 percent from 1.0 million tons from February, but down 8.6 percent from March 2012, according to government reporting.
http://www.joc.com/international-trade-news/trade-data/united-states-trade-data/us-steel-exports-dropped-first-quarter_20130509.html


Brazil miner Vale wants part of US steel recovery - Reuters
Tue, 07 May 2013 21:27:48 +0100
CEO says shale gas makes U.S. steel industry competitive. * Recovery in United States would reduce dependence on China. By Guillermo Parra-Bernal and Gustavo Bonato. SAO PAULO, May 7 (Reuters) - Vale SA, the world's biggest iron ore miner, hopes to ...
http://www.reuters.com/article/2013/05/07/vale-us-steel-idUSL2N0DO27A20130507


US Steel posts 1Q loss as costs rise
Sun, 05 May 2013 15:48:08 +0100
US Steel posts 1Q loss as costs rise The company lost money in its biggest segment, flat-rolled steel, which is used for things like appliances and cars. Production costs rose, but selling prices didn't. The company expects selling prices for its flat-rolled steel will be about the same as in the first quarter. Chairman and CEO John P. Surma said the company faced a 'difficult global economic ...
http://www.seattlepi.com/business/article/US-Steel-posts-1Q-loss-as-costs-rise-4475383.php


Portman and Brown Applaud US Steel Efforts To Expand In Lorain - ...
Sun, 05 May 2013 11:40:00 +0100
Portman and Brown's efforts were vital to ensuring U.S. Steel was provided necessary relief from Chinese steel pipe imports, and as a result, could maintain its facility in Lorain or potentially expand its operations. Ohio's hard-working manufacturers ...
http://politicalnews.me/?id%3D23462%26keys%3DSTEEL-LORAIN-EXPANSION-CHINESE


Thyssen mulls keeping part of Steel Americas - source - Reuters
Fri, 03 May 2013 12:01:38 +0100
U.S. Steel and Nucor have put in bids just for the U.S.-based steel mill, the sources familiar with the matter added. Ternium, which controls Brazilian steelmaker Usiminas, said earlier this week that it had pulled out of the bidding. Due to its ...
http://www.reuters.com/article/2013/05/03/thyssenkrupp-steelamericas-idUSL6N0DK13P20130503


US Steel Keeps Nickel Dividend Steady - DailyFinance
Thu, 02 May 2013 14:37:05 +0100
Like a beam made of tempered steel, United States Steel will pay its regular quarterly dividend of $0.05 per share on June 10 to the holders of record at the close of business on May 14. That's the same regular payment the steelmaker has made every ...
http://www.dailyfinance.com/2013/05/01/us-steel-keeps-nickel-dividend-steady/


US Steel plans expansion; Company could expand pipe making in Lorain ...
Thu, 02 May 2013 14:05:25 +0100
LORAIN — United States Steel Corp. could expand its steelmaking in Lorain with more pipe and will have a new joint venture with neighbor Republic Steel to supply the metal. U.S. Steel Chairman and Chief Executive Officer John Surma announced the plans ...
http://www.morningjournal.com/articles/2013/05/02/news/doc5181e2ea83cf9276471903.txt


US Steel plans expansion; Company could expand pipe making in Lorain ...
Thu, 02 May 2013 07:10:00 +0100
The steelmaker is considering an expansion at its seamless pipe hot mill to expand the range of outside diameter of the pipes made in Lorain, Surma said. The company makes pipes with a maximum outside diameter of 4.875 inches, but would expand that to ...
http://morningjournal.com/articles/2013/05/02/news/doc5181e2ea83cf9276471903.txt



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