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U.S. Steel business headlines & news reports

US Steel Industry Prevails in Key Trade Case Against Imports
Mon, 25 Aug 2014 14:43:08 +0100
The USITC ruling marks a big win for U.S. steelmakers struggling to defend their turf from a flood of cheap steel imports.

3 Reasons U.S. Steel's Stock Could Rise
Sun, 24 Aug 2014 14:09:47 +0100
U.S. Steel has a long history, with internal projects like the 'Carnegie Way' keeping the images of its storied past alive. However, the steel industry is cyclical, and the company has good years and bad ones. Last

3 Reasons U.S. Steel's Stock Could Rise
Sun, 24 Aug 2014 14:09:47 +0100
3 Reasons U.S. Steel's Stock Could Rise

This Steel Company Is Making a Strong Comeback - GuruFocus.com
Fri, 22 Aug 2014 21:54:43 +0100
The company is anticipating the U.S. rig count to reach the highest levels soon, which will increase the operator consumption of OCTG. Due to this, oil prices are expected to remain around $100 per barrel, which is a good sign for U.S. Steel. However ...

Domestic steel industry wins big in trade case
Fri, 22 Aug 2014 20:06:00 +0100
U.S. Steel, Chicago-based JMC Steel Group and seven other companies have pressed the case for more than a year that they have not been able to reap the benefits of the booming U.S. shale oil and gas sector because of a flood of heavily subsidized imports.

U.S. Steel, union hail imposition of anti-dumping tariffs on South ...
Fri, 22 Aug 2014 19:50:17 +0100
United States Steel Corp. CEO Mario Longhi said tens of thousands of steel jobs are at risk if the Department of Commerce does not take action on the surge of dumped imports of oil country tubular goods, which are used in pipelines and for energy exploration.

U.S. steel producers win anti-dumping case against cheap imports
Fri, 22 Aug 2014 18:35:50 +0100
By Elvina Nawaguna WASHINGTON (Reuters) - The U.S. International Trade Commission on Friday voted to impose anti-dumping duties against steel pipe imports from six countries, exempting two, handing a victory ...

Must-know: The impact of dumping on steel companies
Thu, 14 Aug 2014 22:00:13 +0100
U.S. steel producers filed 40 anti-dumping and countervailing duty petitions in 2013 and the first two months of 2014. This was the largest volume of trade cases in steel since 2001.

Global scenario of steel and coal is affecting shipping industry
Thu, 14 Aug 2014 08:07:00 +0100
With higher demand and consumption of commodities, the demand of ships increase. The demand across global economies would negatively impact the shipping industry. With U.S. steel consumption rising and coal demand from India rising, demand for the dry ...

Steelworkers renew appeal for sanctions - Tribune-Review
Wed, 13 Aug 2014 10:24:21 +0100
Mike Doyle, D-Forest Hills, who said, The demand for OCTG is skyrocketing, and the United States should be reaping the same benefits as our competitors. U.S. Steel president Mario Longhi testified before the commission as well. His company is one of ...

Is China Playing Dirty With This Iconic American Industry
Thu, 07 Aug 2014 15:44:17 +0100
Steel has always been a competitive industry. However, U.S. steel makers have been increasingly complaining about foreign competitors selling steel below what it costs to make. This is called dumping, and according to Nucor CEO John Ferriola,

US Steel General Counsel And Senior Vice President Suzanne Rich Folsom ...
Thu, 07 Aug 2014 14:06:03 +0100
PITTSBURGH, Aug. 7, 2014 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced that Suzanne Rich Folsom, general counsel and senior vice president -- governmental affairs, has been named a Best General Counsel by The ...and more 

Why U.S. Steel Still Can Deliver More Upside (X) - Seeking Alpha ...
Tue, 05 Aug 2014 23:19:28 +0100
U.S. Steel has raced to 52-week highs on the back of consistent performances in the last four quarters, but more upside cannot be ruled out. U.S. Steel will benefit from an improving demand environment, while the Department of Commerce ruling will work ...

Why US Steel rallied despite posting a loss in the second quarter
Tue, 05 Aug 2014 22:00:07 +0100
U.S. steel posted results that were higher that the analysts' expectationsthe market was expecting a loss of $0.31 per share while U.S. Steel surprised with adjusted net earnings of $0.17 per share.

SEC filing confirms U.S. Steel considering restructure of Canadian ...
Mon, 04 Aug 2014 18:51:46 +0100
United States Steel Corp. has confirmed it is mulling the option of restructuring its operations in Canada.

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