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united states steel corp (X) Snapshot

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09/17/14 - $46.55
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06/3/14 - $22.47
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Current Stock Chart for UNITED STATES STEEL CORP (X)

united states steel corp (X) Details

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. The company operates in three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products, as well as produces iron ore and coke. This segment serves customers in the service center, conversion, transportation, construction, container, appliance, and electrical markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products. This segment serves customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. The company was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

38,500 Employees
Last Reported Date: 02/25/14
Founded in 1901

united states steel corp (X) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $933.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $233.3K
Senior Vice President of European Operations ...
Total Annual Compensation: $542.6K
Senior Vice President of North American Flat-...
Total Annual Compensation: $477.7K
Senior Vice President of Strategic Planning &...
Total Annual Compensation: $542.6K
Compensation as of Fiscal Year 2013.

united states steel corp (X) Key Developments

United States Steel Corporation Appoints Debbie Leilani Shon to Vice President - International Trade and Global Public Policy

United States Steel Corporation announced the appointment of Debbie Leilani Shon to vice president - international trade and global public policy. In this position, she is responsible for the company's international trade strategy, manages all trade enforcement actions and leads the company's global public policy initiatives. Shon is based in U. S. Steel's Washington, D.C. office and reports to Suzanne Rich Folsom, general counsel and senior vice president -- governmental affairs. Prior to joining U. S. Steel, Shon served as the managing director of a media and real estate investment company, where she designed a strategy for investors to acquire and operate a California winery.

United States Steel Puts Hamilton Assets Up for Sale

United States Steel Corp. (NYSE:X)'s Canadian unit, U.S. Steel Canada, Inc. is planning to put its Hamilton assets up for sale and also hopes to run an auction process for its operations on Lake Erie. U.S. Steel Canada filed for protection from its creditors and said it was considering asset sales. The proposed auctions do not mean that a sale will necessarily be completed. U.S. Steel Canada President Michael McQuade said a sale process for the Hamilton Works is an "important and sensible step" which will give the company and its stakeholders "a better understanding of the potential options available."The timetable says a sale and investment solicitation process for the Hamilton Works should start within 60 days of the Canadian unit's filing for creditor protection. A similar process for the Lake Erie works is due to start by March 15, 2015. Any sale, refinancing or investment should close no later than October 31, 2015.

United States Steel Corp. Provides Earnings Guidance for the Third Quarter of 2014

United States Steel Corp. provided earnings guidance for the third quarter of 2014. The company expects a significant improvement in operating income for reportable segments and other businesses. As a result of these three strategic actions, the company estimates a non-cash, pretax charge of between $550 million and $600 million (approximately $300 million to $350 million from the CCAA filing and deconsolidation of U. S. Steel Canada and approximately $250 million for the other two strategic actions).


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