United States Steel General Information
United States Steel Corporation was incorporated in the State of Delaware. The Company is an integrated steel producer of flat-rolled and tubular products with major production operations in North America and Europe. It is also engaged in other business activities, most of which are related to steelmaking operations, including the production of coke and iron ore pellets, and transportation services (railroad and barge operations), real estate operations, and engineering consulting services. It has three reportable operating segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). The Flat-rolled segment includes the operating results of the Company's North American integrated steel mills and equity investees involved in the production of slabs, rounds, strip mill plates, sheets and tin mill products, as well as all iron ore and coke production facilities in the United States and Canada. The steel rounds and a portion of the hot-rolled sheets produced by Flat-rolled are supplied to the Tubular segment. These operations mainly serve North American customers in the service center, conversion, transportation (including automotive), construction, container, and appliance and electrical markets. The USSE segment includes the operating results of U. S. Steel Kosice (USSK), the Company's integrated steel mill and coke production facilities in Slovakia; U. S. Steel Serbia (USSS), the Company's integrated steel mill and other facilities in Serbia; and equity investees located in Europe. USSE mainly serves customers in the European construction, service center, conversion, container, transportation (including automotive), appliance and electrical, and oil, gas and petrochemical markets. USSE produces and sells slabs, sheet, strip mill plate, tin mill products and spiral welded pipe, as well as heating radiators and refractory ceramic materials. The Tubular segment includes the operating results of the Company's tubular production facilities, mainly in the United States, and equity investees in the United States and Brazil. These operations produce and sell seamless and electric resistance welded (ERW) steel casing and tubing (commonly known as oil country tubular goods or OCTG), standard and line pipe and mechanical tubing and mainly serve customers in the oil, gas and petrochemical markets. Iron ore and coke are used as primary raw materials for steel production. The Company competes with many North American and international steel producers. Competitors include integrated producers which, like U. S. Steel, use iron ore and coke as primary raw materials for steel production, and electric arc furnace (EAF) producers, which mainly use steel scrap and other iron-bearing feedstocks as raw materials. The Company's businesses are subject to numerous federal, state and local laws and regulations relating to the storage, handling, emission and discharge of environmentally sensitive materials.