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November 23, 2009 6:48 PM ET

United States Steel Corp.

(X:NYSE)

LAST $42.22 USD
CHANGE TODAY +0.90 2.18%
VOLUME 7.5M
As of 4:00 PM 11/23/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of United States Steel Corp. (X)

OPEN
$42.15
PREVIOUS CLOSE
$41.32
DAY HIGH
$42.90
DAY LOW
$42.02
52 WEEK HIGH
09/23/09 - $51.65
52 WEEK LOW
03/17/09 - $16.66
MARKET CAP
6.1B
AVERAGE VOLUME 3 mo
9.7M
DILUTED EPS TTM
$-6.31
SHARES OUTSTANDING
143.4M
EX-DATE
11/6/09
P/E TTM
NM
DIVIDEND
$0.20
DIVIDEND YIELD
0.47%
K = Thousands  M = Millions  B = Billions

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X Details

United States Steel Corporation, through its subsidiaries, engages in the production and sale of steel products primarily in North America and Europe. The company operates through three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-rolled Products segment offers slabs, sheets, tin mill products, and strip mill plates and rounds. This segment serves service center, conversion, transportation, construction, container, and appliance and electrical markets in North America. It also produces iron ore pellets and coke. The USSE segment offers sheet, strip mill plate, tin mill and tubular products, and heating radiators and refractories in Europe. This segment serves construction, service center, conversion, container, transportation, appliance and electrical, oil and gas, and petrochemical industries. The Tabular Products segment offers seamless and electric resistance welded tubular products to oil and gas and petrochemical industries. United States Steel also provides transportation services, including railroad and barge operations; and engineering and consulting services to mining and mineral industries. The company also owns, develops, and manages various real estate assets, which include approximately 200,000 acres of surface rights primarily in Alabama, Illinois, Maryland, Michigan, Minnesota, and Pennsylvania. It also holds joint venture interest in various developing real estate projects in Alabama and Maryland; and owns approximately 4,000 acres of land in Ontario, Canada. United States Steel was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

49,000 Employees
Founded in 1901

X Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Age: 54
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice Pr...
Age: 53
Total Annual Compensation: $575.0K
Chief Operating Officer and Executive Vice Pr...
Age: 60
Total Annual Compensation: $725.0K
Senior Vice President of Corporate Affairs an...
Age: 56
Total Annual Compensation: $458.3K
Senior Vice President of Strategic Planning, ...
Age: 55
Total Annual Compensation: $458.3K
Compensation as of Fiscal Year 2008.

Key developments for United States Steel Corp. (X)

United States Steel Corp. Announces Management Changes

United States Steel Corp. announced that Senior Vice President-Public Policy & Governmental Affairs Terrence D. Straub, has elected to retire effective Nov. 30, 2009, after 28 years of service with the company. Effective Dec. 1, 2009, General Counsel & Senior Vice President-Corporate Affairs James D. Garraux will assume responsibility for the governmental affairs organization, and Thomas M. Sneeringer will advance to managing director-federal governmental affairs and assume daily oversight of the activities coordinated by the company's Washington, D.C., office. Sneeringer will report to Garraux as will Scott R. Salmon, general manager-federal governmental affairs, and Christopher J. Masciantonio, general manager-state governmental affairs. Garraux currently serves as the company's general counsel and also leads its labor relations, environmental affairs and corporate security activities. In his expanded role, Sneeringer will be responsible for the daily operations of the company's Washington, D.C., office and will continue to provide leadership on international trade policy and a host of other public policy matters of significance to the company. Sneeringer joined U. S. Steel in March 2003 as director of federal governmental affairs for the company's Washington, D.C., office.

United States Steel Corp. Announces Management Changes

United States Steel Corp. announced several executive-level leadership changes. Vice President-Supply Chain & Customer Service John C. Price has elected to retire effective Nov. 30, 2009, after 40 years of service with the company. Anton Lukac, who currently serves as vice president-engineering & technology, will assume Price's position, and Anthony R. Bridge, who is currently vice president-operations, will succeed Lukac. In his new position, Lukac, 49, will be responsible for the company's business planning, logistics services, processed products and customer service organizations. Lukac will report to Senior Vice President-North American Flat Roll Operations Michael S. Williams. Bridge, 55, will assume executive responsibility for research and development activities at the company's Research and Technology Center in Munhall, Pa., Automotive Center in Troy, Mich., and USSE Research in Kosice, Slovakia. He will also oversee engineering; coke battery assessment, reliability and rehabilitation; and blast furnace engineering and technology activities across the company. He will report to Executive Vice President & Chief Operating Officer John H. Goodish.

United States Steel Corp. Declares Dividend, Payable on December 10, 2009

United States Steel Corp. announced that the board of directors declared a dividend of five cents per share on U. S. Steel Common Stock. The dividend is payable December 10, 2009, to stockholders of record at the close of business November 11, 2009.

BusinessWeek Rankings

BusinessWeek 50
2007  #42
2005  #37

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