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Financial Results, Approval of Resolutions, Safety Training, and Investors Conferences – Research Report on United States



  Financial Results, Approval of Resolutions, Safety Training, and Investors
Conferences – Research Report on United States Steel, Arcelor Mittal, Tenaris,
                         POSCO, and Commercial Metals

Editor Note: For more information about this release, please scroll to bottom

PR Newswire

NEW YORK, June 3, 2013

NEW YORK, June 3, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting United
States Steel Corp. (NYSE: X), Arcelor Mittal (NYSE: MT), Tenaris SA (NYSE:
TS), POSCO (NYSE: PKX), and Commercial Metals Company (NYSE: CMC). Today's
readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

United States Steel Corp. Research Report

On May 13, 2013, United States Steel Corp. (United States Steel) and Kobe
Steel, Ltd. (Kobe Steel) of Japan formally commissioned the new Continuous
Annealing Line at their joint venture PRO-TEC Coating Company (PRO-TEC).
PRO-TEC will now process some of the strongest and most formable grades of
steel in North America. These new grades will assist automotive manufacturers
in reaching the 2025 Corporate Average Fuel Economy (CAFE) standards of 54.5
miles per gallon for their passenger vehicle fleets, while maintaining the
rigorous safety standards that consumers demand. John Surma, Chairman and CEO
of United States Steel, shared, "U. S. Steel and Kobe Steel saw an opportunity
for our PRO-TEC joint venture to help our automotive customers overcome the
challenges associated with the 54.5 mpg regulation, and the products processed
at PRO-TEC's new Continuous Annealing Line will offer our customers
affordable, highly advanced options that will position them for ongoing
success." The Full Research Report on United States Steel Corp. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.WSReports.com/r/full_research_report/8b22_X]

--

Arcelor Mittal Research Report

On May 10, 2013, Arcelor Mittal, the world's leading integrated steel and
mining company, announced its financial results for Q1 2013. The Company's
sales came in at $19.8 billion as compared with $22.7 billion in Q1 2012;
while EBITDA came in at $1.6 billion as compared to $2.1 billion in Q1 2012.
Net debt decreased by $3.8 billion during Q1 2013 to $18.0 billion as of March
31, 2013, primarily due to proceeds from the combined offering of ordinary
shares and mandatorily convertible subordinated notes ($4 billion) and
proceeds from the first tranche of AMMC (ArcelorMittal Mines Canada) 15% stake
sale ($0.8 billion), partially offset by working capital investment ($0.5
billion). Liquidity improved to $18 billion compared with $14.5 billion at the
end of Q4 2012; with average debt maturity of 6.0 years. For full year 2013,
the Company expects to report EBITDA above $7.1 billion, assuming that the
2013 iron ore prices and the margin of steel prices over raw material costs
will be similar to the levels of 2012. The Full Research Report on Arcelor
Mittal - including full detailed breakdown, analyst ratings and price targets
- is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/6fd8_MT]

--

Tenaris SA Research Report

On May 2, 2013, Tenaris SA (Tenaris) announced that its annual general meeting
of shareholders approved all resolutions on its agenda. Among other
resolutions adopted at the meeting, the shareholders approved the Company's
consolidated financial statements and the annual accounts for the year ended
December 31, 2012, and acknowledged the related management and independent
auditors' reports and certifications. The meeting also approved the payment of
a dividend for the year ended December 31, 2012, of $0.43 per share (or $0.86
per ADS), or approximately $507.6 million, which includes the interim dividend
of $0.13 per share (or $0.26 per ADS) paid in November 2012. A copy of the
minutes of the ordinary meeting can be downloaded from the Company website.
The Full Research Report on Tenaris SA - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.wsreports.com/r/full_research_report/4b8b_TS]

--

POSCO Research Report

On May 27, 2013, POSCO announced that it will be providing safety training for
regular employees in small and medium-sized enterprises (SMEs) and outsourcing
partners. The Company stated that the safety training program, which will be
carried out in 32 sessions until December 2013, will be attended by total 775
trainees. The program is developed for regular employees of the consortium
members so that they can act as safety leaders on site. A safety master of
Safety and Health Office is the lecturer of this training program, helping the
trainees to secure their own safety as well as their coworkers. In particular,
the program examines 6 major safety matters such as high-place and heavy-duty
work, gas safety, electrical safety, firefighting, facility safety, and CPR
(cardiovascular pulmonary resuscitation). During the training, participants
will share the risks of accidents through the experiences of actual victims,
and resolve to maintain safety in their own ways. The Full Research Report on
POSCO - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
[http://www.WSReports.com/r/full_research_report/519a_PKX]

--

Commercial Metals Company Research Report

On May 28, 2013, Commercial Metals Company (Commercial Metals) announced that
its Q3 FY 2013 earnings conference call will be broadcast live over the
Internet on Thursday, June 27, 2013, at 11:00 a.m. ET (10:00 a.m. CT). The
Company reported that Joe Alvarado, Chairman of the Board, President & Chief
Executive Officer, and Barbara Smith, Senior Vice President & Chief Financial
Officer will conduct the conference call. The teleconference will also be
available via webcast. The webcast in listen-only mode can be accessed at the
Company's website. The Full Research Report on Commercial Metals Company -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/5d80_CMC]

----

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