October 14, 2007 |
Indiana is moving to scale back limits on pollutants dumped into a Lake Michigan tributary by the sprawling U.S. Steel Corp. mill in Gary, according to environmental lawyers and former federal regulators who have reviewed a proposed water permit.
August 28, 2007 |
pittsburgh -- United States Steel Corp. is buying Canadian steel maker Stelco Inc. for about $1.1 billion in a move expected to bolster the American company's position as a supplier to the North American automotive industry. Pittsburgh-based U.S. Steel said Stelco's Lake Erie and Hamilton plants would supply finishing facilities for flat-rolled steel -- used in the auto and appliance industries -- and tubular steel used mostly in the energy sector. With the acquisition, U.S.
January 31, 2006 |
United States Steel Corp. posted a sharp decline in fourth-quarter profit on lower steel prices and volume as well as an accounting change related to its Slovak operation that resulted in a one-time charge of $35 million. Including the accounting change, net income slid 76% to $109 million, or 85 cents a share, from $451 million, or $3.46, a year earlier.
January 25, 2005 |
United States Steel Corp., the largest U.S. integrated steelmaker, reported a fourth-quarter profit after a loss a year earlier, citing robust worldwide steel prices and tight supplies. The Pittsburgh-based company posted earnings of $462 million, or $3.55 a share, compared with a net loss of $22 million, or 26 cents, in the same quarter of 2003, when it was hurt by expenses for retiree pension and healthcare costs. Fourth-quarter revenue soared to $3.93 billion from $2.
January 31, 2004 |
U.S. Steel Corp., the biggest U.S. steelmaker, said it had a fourth-quarter loss because of costs to pay retirees, fire workers and payments related to stock options. The loss was $22 million, or 26 cents a share, contrasted with net profit of $11 million, or 10 cents, a year earlier. Sales rose 41% to $2.68 billion, helped by the acquisition of National Steel Corp., the company said.
October 29, 2003 |
U.S. Steel Corp. posted a third-quarter loss, its biggest in more than a decade, because of $432 million in expenses to pay retirees, fire workers and write down assets. The net loss was $349 million, or $3.42 a share, compared with net income of $106 million, or $1.04, a year earlier, the Pittsburgh-based company said. Sales rose 32% to $2.5 billion. Shares of U.S. Steel rose $1.19, or 5.7%, to $22.03 on the NYSE. From Bloomberg News