ny and Butch Gilliam Enterprises LLC participate in a 50-50 joint venture, Patriot Premium Threading Services located in Midland, Texas, which provides oil country threading, accessory threading, repair services and rig site services to exploration and production companies located principally in the Permian Basin. USSTP is negotiating with its partner, Butch Gilliam Enterprises LLC to amend the joint venture terms. The company also has a 50 percent ownership interest in Apolo Tubulars S.A. (Apolo), a Brazilian supplier of welded casing, tubing, line pipe and other tubular products. Apolo’s annual production capability is approximately 150,000 tons. The company, POSCO and SeAH Steel Corporation, a Korean manufacturer of tubular products, participated in United Spiral Pipe LLC, which owned and operated a spiral weld pipe manufacturing facility in Pittsburg, California. Other Businesses This segment includes railroad services and real estate operations. The company owns the Gary Railway Company in Indiana; Lake Terminal Railroad Company and Lorain Northern Company in Ohio; Union Railroad Company in Pennsylvania; Fairfield Southern Company, Inc. located in Alabama; Delray Connecting Railroad Company in Michigan and Texas & Northern Railroad Company in Texas; all of which comprise the company’s transportation business. The company owns, develops and manages various real estate assets, which include approximately 50,000 acres of surface rights primarily in Alabama, Illinois, Maryland, Michigan, Minnesota and Pennsylvania. In addition, the company holds ownership interests in joint ventures that are developing real estate projects in Alabama, Maryland and Illinois. Strategy The company’s strategy is focused on providing customer focused solutions with value-added steel products, including advanced high strength steels and coated sheets for the automotive and appliance industries, electrical steel sheets for the manufacture of motors and electrical equipment, galvanized and Galvalume sheets for construction, tin mill products for the container industry and OCTG and premium connections for the oil and gas industry, including steel for the North American shale oil and gas markets. Environmental Matters The company’s U.S. facilities are subject to environmental laws applicable in the U.S., including the CAA, the Clean Water Act, the Resource Conservation and Recovery Act and the Comprehensive Environmental Response, Compensation and Liability Act, as well as state and local laws and regulations. The company maintains water discharge permits as required under the National Pollutant Discharge Elimination System program of the Clean Water Act, and under equivalent state laws, and conducts operations in compliance with such permits. The company’s facilities generate solid and hazardous wastes regulated by the Resource Conservation and Recovery Act. U. S. Steel is involved in a number of environmental remediation projects under the Comprehensive Environmental Response, Compensation and Liability Act, the Resource Conservation and Recovery Act.and other federal and state statutes, related to former and present locations as well as third party waste sites where material generated by U. S. Steel was discarded. USSK is subject to the environmental laws of Slovakia and the European Union. History United States Steel Corporation was founded in 1901.
united states steel corp
(X:New York Consolidated)
600 Grant Street
Pittsburgh, PA 15219
The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.
|No competitor information is available for X.|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact UNITED STATES STEEL CORP, please visit www.ussteel.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.