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BUSINESS
September 7, 1994 | From Times Staff and Wire Reports
USX to Raise Steel Prices: The nation's largest steelmaker announced much-anticipated price hikes for sheet steel, reflecting the strong market outlook for steel. USX-U.S. Steel Group said that beginning in January, it will raise prices by $30 a ton for all sheet products, as well as on the base price of all plate products, including carbon and high-strength low-alloy. Sheet steel, by far the largest steel market, is used in automobiles and appliances.
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BUSINESS
December 14, 2001 | Reuters
USX-U.S. Steel Group, which is in consolidation talks with other U.S. steel firms, gave a bleak fourth-quarter outlook Thursday, while two smaller companies involved in the talks announced management changes. U.S. Steel, the country's biggest integrated steel company, said shipments would be "well below" its third quarter, and forecast flat pricing, higher production costs and lower capacity utilization rates. Separately, Bethlehem Steel Corp., which with U.S.
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BUSINESS
December 14, 2001 | Reuters
USX-U.S. Steel Group, which is in consolidation talks with other U.S. steel firms, gave a bleak fourth-quarter outlook Thursday, while two smaller companies involved in the talks announced management changes. U.S. Steel, the country's biggest integrated steel company, said shipments would be "well below" its third quarter, and forecast flat pricing, higher production costs and lower capacity utilization rates. Separately, Bethlehem Steel Corp., which with U.S.
BUSINESS
February 27, 2001 | Reuters
USX-U.S. Steel, the No. 1 U.S. steelmaker, and Nucor Corp. said they have raised prices for some types of steel by as much as $40 a ton, citing a boost in U.S. demand and a decline in competition from imports. Steel prices have been at a 20-year low, and the steel industry is trying to lift prices off that low, USX spokesman Mike Dixon said.
BUSINESS
June 20, 1994 | From Bloomberg Business News
USX-U.S. Steel Group, the nation's largest steel maker, said it has decided not to raise carbon steel prices a third time this year, despite heavy demand and a competitor's move last week to boost its prices by $20 a ton in October. Don Herring, a spokesman for USX Corp., U.S. Steel's parent company, said the Pittsburgh steel producer won't match the 3% price increase announced last Monday by Middletown, Ohio-based AK Steel Corp., the nation's sixth-largest steel maker.
BUSINESS
February 27, 2001 | Reuters
USX-U.S. Steel, the No. 1 U.S. steelmaker, and Nucor Corp. said they have raised prices for some types of steel by as much as $40 a ton, citing a boost in U.S. demand and a decline in competition from imports. Steel prices have been at a 20-year low, and the steel industry is trying to lift prices off that low, USX spokesman Mike Dixon said.
BUSINESS
December 15, 2001 | Bloomberg News
A U.S. trade agency's recommendation that President Bush levy tariffs of as much as 40% on steel imports would cost steel buyers more than $2 billion a year and lead to three job losses for every one saved, a group representing steel-consuming companies said. The Consuming Industries Trade Action Coalition, representing Caterpillar Inc., Procter & Gamble Co., Deere & Co. and other steel buyers, is joining the fight against tariffs proposed last week by the U.S. International Trade Commission.
BUSINESS
October 7, 1992 | From Times Staff and Wire Reports
USX-U.S. Steel Group and LTV Steel Corp., two of the nation's top steelmakers, said they will boost steel prices by $10 to $20 a ton, effective Jan. 3. . . . Ford Motor Co. announced a new "world car," its latest attempt to design and build the same car in Europe and North America. . . . Shareholders of Charter Co. voted to rename it Spelling Entertainment Group Inc. The company said it will begin using the new name immediately. . . . Sportmart Inc.
BUSINESS
December 1, 2000 | Bloomberg News
USX Corp., owner of the largest U.S. steel producer and the fifth-largest U.S. oil company, is studying options for improving performance, including selling part or all of the company, Chief Executive Thomas Usher said. USX has hired legal and financial advisors to review the company's structure, Usher said. USX has two stocks, one tracking the performance of oil company USX-Marathon Group and the other linked to the returns of USX-U.S. Steel Group.
BUSINESS
September 7, 1994 | From Times Staff and Wire Reports
USX to Raise Steel Prices: The nation's largest steelmaker announced much-anticipated price hikes for sheet steel, reflecting the strong market outlook for steel. USX-U.S. Steel Group said that beginning in January, it will raise prices by $30 a ton for all sheet products, as well as on the base price of all plate products, including carbon and high-strength low-alloy. Sheet steel, by far the largest steel market, is used in automobiles and appliances.
BUSINESS
June 20, 1994 | From Bloomberg Business News
USX-U.S. Steel Group, the nation's largest steel maker, said it has decided not to raise carbon steel prices a third time this year, despite heavy demand and a competitor's move last week to boost its prices by $20 a ton in October. Don Herring, a spokesman for USX Corp., U.S. Steel's parent company, said the Pittsburgh steel producer won't match the 3% price increase announced last Monday by Middletown, Ohio-based AK Steel Corp., the nation's sixth-largest steel maker.
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