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U.S. Steel business headlines & news reports



U.S. Steel paints firmer outlook after quarterly loss narrows
Wed, 30 Jul 2014 00:51:50 +0100
United States Steel Corp reported a narrower second-quarter loss on Tuesday as steel prices improved, but the impact of bad weather, higher repairs and maintenance costs continued to weigh on earnings.
http://www.topix.com/business/steel/2014/07/update-1-u-s-steel-paints-firmer-outlook-after-quarterly-loss-narrows


US Steel posts smaller 2Q loss
Tue, 29 Jul 2014 22:41:14 +0100
United States Steel Corp. (X) on Tuesday reported a smaller loss in its second quarter, and topped analysts' expectations.
http://www.foxbusiness.com/markets/2014/07/29/us-steel-posts-smaller-second-quarter-loss-tops-forecast/


Big River Steel's John Correnti on Government's Role in Private-Sector ...
Mon, 28 Jul 2014 07:09:39 +0100
John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry, having started at U.S. Steel in 1969, where he worked in construction management until 1980.
http://www.topix.com/business/steel/2014/07/big-river-steels-john-correnti-on-governments-role-in-private-sector-projects-stay-out


Nucor 2nd-qtr earnings rise with shipments, prices
Fri, 25 Jul 2014 08:34:27 +0100
U.S. steelmaker Nucor Corp reported a rise in second-quarter earnings on Thursday as shipments and average prices increased from a year earlier.
http://www.topix.com/business/steel/2014/07/nucor-2nd-qtr-earnings-rise-with-shipments-prices


U.S. Steel invoking Carnegie legacy in revival plan
Fri, 25 Jul 2014 06:10:00 +0100
CEO Mario Longhi wants to transform the 144-year-old company into a lean, modern steel producer.
http://www.stltoday.com/business/local/80917588-40b0-5922-8857-ba8d827d3307.html


Nucor confident of favorable rulings vs steel import tsunami
Fri, 25 Jul 2014 00:15:30 +0100
Emboldened by a recent favorable ruling for U.S. steelmakers in a steel pipe trade case, Nucor Corp said on Thursday it was confident the industry was poised for more success in future cases as it works to stem a tsunami of imported steel.
http://www.topix.com/business/steel/2014/07/nucor-confident-of-favorable-rulings-vs-steel-import-tsunami


Nucor profit exceeds estimates
Thu, 24 Jul 2014 23:10:21 +0100
Nucor Corp., the most valuable U.S. steelmaker, reported second-quarter earnings that beat analysts' estimates as steel prices rose and U.S. construction markets improved, boosting the company's revenue from products used in building.
http://www.topix.com/business/steel/2014/07/nucor-profit-exceeds-estimates


U.S. Steel Corp. names Darragh acting controller
Wed, 23 Jul 2014 15:01:24 +0100
United States Steel Corp. has appointed Colleen Darragh acting controller, serving as principal accounting officer of the Pittsburgh-based company until a successor is elected or appointed, according to a filing with the Securities and Exchange Commission.
http://www.topix.com/business/steel/2014/07/u-s-steel-corp-names-darragh-acting-controller


U.S. Steel Invoking Carnegies Legacy in Revival Strategy
Wed, 23 Jul 2014 00:21:50 +0100
In March 2013, Mario Longhi lobbed an unexpected question into a roomful of 150 U.S. Steel Corp. managers: Who here would buy the companys stock, tomorrow
http://www.bloomberg.com/news/2014-07-22/u-s-steel-invoking-carnegie-s-legacy-in-revival-strategy.html


Must-know: US Steel Corporations key operations
Tue, 22 Jul 2014 21:46:13 +0100
U.S. Steel Corp. supplies its products to all major industries like construction, automobile, appliances, and energy.
http://finance.yahoo.com/news/must-know-us-steel-corporation-204613185.html


The US Steel Industry Faces an Uncertain Future - Motley Fool
Mon, 21 Jul 2014 17:37:37 +0100
These three companies, and indeed the wider U.S. steel industry in general, have been buffeted by a barrage of news regarding import tariffs. The good news came in the form of the Commerce Department's decision to place hefty import tariffs on some ...
http://www.fool.com/investing/general/2014/07/21/the-us-steel-industry-faces-an-uncertain-future.aspx


Russia's Severstal Selling U.S. Steel Plants - Industrial Distribution
Mon, 21 Jul 2014 16:00:42 +0100
NEW YORK (AP) — Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened ...
http://www.inddist.com/news/2014/07/russias-severstal-selling-us-steel-plants


Russian Sanctions Prompt Steelmaker Severstal To Sell US Facilities ...
Mon, 21 Jul 2014 15:38:04 +0100
International Business Times - Russian steelmaker Severstal has agreed to sell two U.S. steel facilities for $2.3 billion to U.S. rivals Steel Dynamics and AK Steel, the company announced Monday, exiting the U.S. market as tighter American sanctions against Russia create concerns ...
http://www.ibtimes.com/russian-sanctions-prompt-steelmaker-severstal-sell-us-facilities-1634166


U.S. Steel Canada Selling Bar, Bloom and Billet Mi
Sun, 20 Jul 2014 10:46:12 +0100
U.S. Steel Canada Inc., a wholly owned subsidiary of United States Steel Corp., will sell the No.
http://www.topix.com/business/steel/2014/07/u-s-steel-canada-selling-bar-bloom-and-billet-mi


Slideshow: Pittsburgh companies on the S&P 500
Wed, 16 Jul 2014 15:40:20 +0100
With U.S. Steel out, only a handful of Pittsburgh companies are on the S&P 500 Earlier this month, United States Steel Corp. was dropped from the S&P 500.
http://www.topix.com/business/steel/2014/07/slideshow-pittsburgh-companies-on-the-s-p-500



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