Release of Finalized Earnings, Director Re-Elections, Ratified Labor Agreements, and Company Restructuring - Analyst Notes on

     Release of Finalized Earnings, Director Re-Elections, Ratified Labor
     Agreements, and Company Restructuring - Analyst Notes on U.S. Steel,
                 ArcelorMittal, Axiall, AK Steel, and Tronox

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PR Newswire

NEW YORK, March 18, 2014

NEW YORK, March 18, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding United States
Steel Corp. (NYSE: X), Arcelor Mittal (NYSE: MT), Axiall Corporation (NYSE:
AXLL), AK Steel Holding Corporation (NYSE: AKS), and Tronox Limited (NYSE:
TROX). Private wealth members receive these notes ahead of publication. To
reserve complementary membership, limited openings are available at:


On February 25, 2014, United States Steel Corp. (U.S. Steel) reported that it
successfully finalized its Q4 2013 and full-year 2013 earnings (preliminarily
reported on January 28, 2014), in order to reflect additional after-tax
benefits of $392 million. Consequent to this, the Company's results for the
full year improved $392 million to a net loss of $1,672 million, or $11.56 per
share, versus a net loss of $2,064 million, or $14.27 per share, as reported.
Mario Longhi, President and CEO, commented, "We are transforming our business
with The Carnegie Way, which extends to every aspect of U. S. Steel including
our operations, our balance sheet and our global structure. While we still
face many challenges, we are moving forward with purpose and beginning to see
the results of our actions, allowing us to accelerate investment in innovation
and the company's future success." The full analyst notes on United States
Steel Corp. are available to download free of charge at:


On March 10, 2014, ArcelorMittal held its 2014 Investor Day. Presentations
were given by: Lakshmi Mittal, Chairman and CEO; Aditya Mittal, Chief
Financial Officer and CEO of ArcelorMittal Europe; Davinder Chugh, CEO of
ArcelorMittal Africa and CIS, responsible for Algeria, Kazakhstan, South
Africa and Ukraine, along with Marc Vereecke COO ACIS; Lou Schorsch, GMB
member with responsibility for Americas; and Bill Scotting, Chief Executive of
Mining. Lakshmi Mittal commented, "The leading indicators for our business
have now been in positive territory since mid-2013. With around two thirds of
our deliveries to the developed markets and an expected turnaround in EU and
NAFTA demand in 2014, there is a foundation for growth this year as well as
positive momentum into next year. Overall we made strategic progress at
ArcelorMittal in 2013: we are focussed on the right drivers of performance and
we have the right strategy. From top to bottom, as an organisation we are
focusing our efforts on executing the implementation of this strategy." The
full analyst notes on ArcelorMittal are available to download free of charge


On March 5, 2014, Axiall Corporation (Axiall) reported its nominees that will
stand for election to the Company's Board of Directors at its 2014 annual
meeting of stockholders, slated to take place on May 20, 2014. The Company
informed that all of its current directors, except Stephen E. Macadam, will
stand for re-election. Macadam, who has served as a Director since 2009,
notified the Board that he has no plans to seek re-election. However, he will
stay on as a director until the Company's 2014 annual meeting of stockholders.
Mark L. Noetzel, Chairman of Axiall, commented, "Steve is an excellent
director of Axiall Corporation and has made significant contributions to the
company and its board. While the board is disappointed he will not seek
re-election, we are grateful for his years of service, his advice and
expertise, and his dedication in helping to steer Axiall Corporation through a
truly transformational period. We all will miss Steve's counsel and
fellowship." The full analyst notes on Axiall Corporation are available to
download free of charge at:


On February 24, 2014, AK Steel Holding Corporation (AK Steel) announced that
members of the United Steelworkers (USW) Local 169 have ratified a three-year
labor agreement covering at least 280 hourly production and maintenance
employees at the Company's Mansfield (OH) Works. James L. Wainscott, Chairman,
President and CEO of AK Steel, commented, "We are pleased to have reached a
new labor agreement at our Mansfield Works ahead of the expiration date. The
agreement continues to serve the interests of both the company and Local 169
members in an increasingly competitive, global steel industry." The current
agreement will expire on March 31, 2014, whereas the new agreement will be
effective starting March 31, 2014 and will expire on March 31, 2017. The full
analyst notes on AK Steel Holding Corporation are available to download free
of charge at:


On March 6, 2014, Tronox Limited (Tronox) welcomed Richard Muglia as Senior
Vice President, General Counsel, and Corporate Secretary. Muglia has acted as
deputy general counsel of Tronox since February 2013. Muglia will replace
Michael Foster, who leaves the Company on May 31, 2014. However, to facilitate
the transition, Foster will maintain his leadership role as Senior Vice
President of the Tronox legal group. The full analyst notes on Tronox Limited
are available to download free of charge at:

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