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U.S. Steel business headlines & news reports



U.S. Steel: Not A Short-Term Story, It's A Long-Term Buy
Wed, 29 Oct 2014 11:59:24 GMT
The changes in the operating philosophy of X will make it a more valuable business on a through-cycle basis. United States Steel , the country's largest steel producer by volume, is one of the most interesting self-help stories in the sector.
http://www.topix.com/business/steel/2014/10/u-s-steel-not-a-short-term-story-its-a-long-term-buy


Snapshot for Hebei Iron & Steel Co Ltd (000709)
Wed, 29 Oct 2014 06:37:00 GMT
U.S. Steel Beats Expectations as Rolled Revenue Jumps Updated 1 hour ago U.S. Steel Beats Expectations as Rolled Revenue Jumps Updated 16 hours ago TMK May Consider Selling Shares in U.S. Unit IPO to Cut Debt Updated 21 hours ago
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=fce7fa09dd7d4932974e6b3697d68545&url=http://www.bloomberg.com/quote/000709:CH&c=smXLJdodsKDiEVR2VJ-KfovgwvO8HEmqxSNKHZrTPeI&mkt=en-gb


U.S. Steel Loss Narrows in the Third Quarter
Wed, 29 Oct 2014 00:28:50 GMT
United States Steel Corp reported a narrower third-quarter loss on Tuesday, citing strong demand from the auto, construction and appliance industries and lower energy costs. But plant shutdowns and maintenance costs, as well as the company's ongoing restructuring, continued to weigh on its financial performance.
http://www.topix.com/business/steel/2014/10/u-s-steel-loss-narrows-in-the-third-quarter


US Steel reports 3Q loss
Tue, 28 Oct 2014 23:28:36 GMT
United States Steel Corp. (X) on Tuesday reported a third-quarter loss of $207 million.
http://www.foxbusiness.com/markets/2014/10/28/us-steel-reports-3rd-quarter-loss-207-million/


U.S. Steel Market Facing A Chinese Import Invasion As Russia Is Disinvited ...
Tue, 28 Oct 2014 17:42:26 GMT
The effective loss of Russian supplies from the end of this year will support domestic steel prices for some products and help, for now, to maintain the divergence between the U.S. and the rest of the world. But the U.S. is not an economic island, and ...
http://seekingalpha.com/article/2605385-u-s-steel-market-facing-a-chinese-import-invasion-as-russia-is-disinvited


U.S. Steel Earnings Preview: Higher Steel Prices And Cost Savings ...
Fri, 24 Oct 2014 18:48:30 +0100
Cheap OCTG imports have negatively impacted the fortunes of U.S. Steel's Tubular Products division. Segment income from operations for the Tubular Products division fell nearly 48% from $366 million in 2012 to $190 million in 2013. This was primarily ...
http://www.forbes.com/sites/greatspeculations/2014/10/24/u-s-steel-earnings-preview-higher-steel-prices-and-cost-savings-to-boost-results/


U.S. steelmaker Nucor posts higher quarterly profit
Thu, 23 Oct 2014 17:47:19 +0100
Nucor Corp, the No. 1 U.S. steelmaker, posted a higher quarterly profit on Thursday as the growing U.S. economy fueled demand for its products from the auto, construction, and oil and gas industries.
http://www.topix.com/business/steel/2014/10/update-1-u-s-steelmaker-nucor-posts-higher-quarterly-profit


U.S. to scrap trade deal on Russian steel duties
Tue, 21 Oct 2014 10:41:00 +0100
Nucor Corp (NUE.N), U.S. Steel Corp (X.N), ArcelorMittal USA LLC ARCMTR.UL and other companies said the reference price set in the agreement, which also set a cap on imports, had been below U.S. market prices since 2004. "The deal did not comply with the ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=200af32d01bd4a8898ccff7232f58da3&url=http%3a%2f%2fwww.reuters.com%2farticle%2f2014%2f10%2f21%2fus-usa-trade-steel-idUSKCN0IA1VW20141021%3ffeedType%3dRSS&c=iV8uZRhesy4c6XgVGZnDbM7aAqmjmmGQ7gTejczx_KU&mkt=en-gb


Must-know: Steel plays stock market dynamics
Mon, 20 Oct 2014 18:57:05 +0100
During the peak of the global financial crisis, stock markets plunged globally. Steel companies were no exception. U.S. Steel Corps share prices fell by more than 80% in one year.
http://finance.yahoo.com/news/must-know-steel-plays-stock-175705263.html


World Steel Market To Reach $1.15 Trillion In 2014
Wed, 15 Oct 2014 12:45:00 +0100
ArcelorMittal- Baosteel- Benxi Steel- Evraz Group- Gerdau- Hebei Iron and Steel Group- Hyundai Steel- JFE Holdings- Jiangsu Shagang Group- Nippon Steel & Sumitomo Metal- NLMK- Nucor- Posco- RIVA Group- Severstal- Tata Steel- ThyssenKrupp- U.S. Steel- Valin ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=c3cacfb49bd8430aa0bcc0a64b586cdd&url=http://www.thestreet.com/story/12915526/2/world-steel-market-to-reach-115-trillion-in-2014.html&c=F5_UIRdrclLD-7x-TjqAdZPF4O9d17H22a_wGTpjbnE&mkt=en-gb


U.S. Steel, Hamilton workers reach tentative agreement
Tue, 14 Oct 2014 22:33:56 +0100
The United Steelworkers union has reached a tentative contract agreement with U.S. Steel Canada Inc. that covers workers in Hamilton, marking the first time the steel company has not locked out workers at one of its two major Canadian mills. Since the 2007 purchase by United States Steel Corp. of what was then Stelco Inc., the company locked out workers once after failing to reach an agreement covering its Hamilton workers, and twice at its Lake Erie operations in Nanticoke, Ont.
http://www.topix.com/business/steel/2014/10/u-s-steel-hamilton-workers-reach-tentative-agreement


The Sell-Off In U.S. Steel Is Overdone
Mon, 13 Oct 2014 23:26:12 +0100
United States Steel has had a major turnaround recently, beating EPS estimates on five straight earnings reports. The last three quarters the company has turned a profit after a stretch of four consecutive losses.
http://www.topix.com/business/steel/2014/10/the-sell-off-in-u-s-steel-is-overdone


The U.S. Steel grant: There's no excuse - Tribune-Review
Tue, 07 Oct 2014 02:04:03 +0100
The Corbett administration says it will give United States Steel Corp., based in Pittsburgh and the nation's second-largest steelmaker, a grant of nearly $31 million. The money will be used to help rehabilitate the company's Mon Valley Works. Mr ...
http://triblive.com/opinion/editorials/6917690-74/steel-company-grant


Euro Threat Helps Temper Steel Rally
Fri, 03 Oct 2014 21:53:00 +0100
Until recently, Wall Street was pretty smitten with steel manufacturers. Companies ranging from industry maverick Nucor to the iconic U.S. Steel hit multiyear highs amid enthusiasm over the industry's ...
http://ri.search.yahoo.com/_ylt=AwrBJSDY6jdU5lwA997XHAx./RV=2/RE=1412979544/RO=10/RU=http://in.finance.yahoo.com/news/euro-threat-helps-temper-steel-205300019.html/RK=0/RS=Ori2iTfGJu6RBDKhDPugT5pShsk-


Euro Threat Helps Temper Steel Rally
Fri, 03 Oct 2014 21:53:00 +0100
Until recently, Wall Street was pretty smitten with steel manufacturers. Companies ranging from industry maverick Nucor to the iconic U.S. Steel hit multiyear highs amid enthusiasm over the industry's ...
http://ri.search.yahoo.com/_ylt=AwrBJSBdmTZUKlMAlrTXHAx./RV=2/RE=1412893149/RO=10/RU=http://in.finance.yahoo.com/news/euro-threat-helps-temper-steel-205300019.html/RK=0/RS=HV0G.ycT3Ituet_UP_93bx7KGFI-



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