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Last $8.07 USD
Change Today -0.01 / -0.12%
Volume 6.2M
X On Other Exchanges
New York
As of 8:04 PM 11/30/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

600 Grant Street

Pittsburgh, PA 15219

United States

Phone: 412-433-1121


y 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, participate in United Spiral Pipe LLC (USP), which owns and operates a spiral weld pipe manufacturing facility in Pittsburg, California with annual production capability of 300,000 tons. Its diameter size range is 24 to 60 inches. The company and POSCO each hold a 35-percent ownership interest in the joint venture, with the remaining 30-percent ownership interest held by SeAH Steel Corporation. In February 2015, the pipe making assets of USP were sold to a third party. The company has an Innovation & Technology Center in Houston, Texas housing exhibits for six areas of interest, an amphitheater, two conference rooms, and a lab-themed meeting room. Designed to serve as a training and education center for both internal and external audiences, the facility hosts events, such as customer lunch-and-learn sessions, industry association meetings, and employee trainings. Research and development for tubular premium connections is performed at this facility. Other Businesses The company’s Other Businesses include 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 participates in joint ventures that are developing real estate projects in Alabama, Maryland, and Illinois. Business Strategy The company’s strategy is to collaborate better with customers to create and deliver smarter, more innovative relationships to be a more customer-centric global solutions provider; provide focus to Carnegie Way projects within the operating units, including reliability centered maintenance and quality, with a continued commitment to safety; and continue earning the right to improve by creating clearer and more focused and effective accountability. Commercial Strategy The company’s commercial strategy is focused on providing customer focused solutions with value-added steel products, including advanced high strength steel 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 developing North American shale oil and gas markets. Environmental Matters The company’s businesses in the U.S. are subject to various federal, state, and local laws and regulations relating to the protection of the environment. These environmental laws and regulations include the Clean Air Act with respect to air emissions; the Clean Water Act with respect to water discharges; the Resource Conservation and Recovery Act with respect to solid and hazardous waste treatment, storage, and disposal; and the Comprehensive Environmental Response, Compensation and Liability Act with respect to releases and remediation of hazardous substances. The company’s cokemaking facilities are subject to two categories of Maximum Achievable Control Technology standards. 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 facilities generate solid and hazardous wastes regulated by the Resource Cons


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