0001163302-15-000033.txt : 20150601 0001163302-15-000033.hdr.sgml : 20150601 20150601114910 ACCESSION NUMBER: 0001163302-15-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20150529 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150601 DATE AS OF CHANGE: 20150601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED STATES STEEL CORP CENTRAL INDEX KEY: 0001163302 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 251897152 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16811 FILM NUMBER: 15902027 BUSINESS ADDRESS: STREET 1: 600 GRANT ST STREET 2: ROOM 1500 CITY: PITTSBURGH STATE: PA ZIP: 15219-2800 BUSINESS PHONE: 415 433 2967 MAIL ADDRESS: STREET 1: 600 GRANT STREET CITY: PITTSBURGH STATE: X1 ZIP: 15219-2800 FORMER COMPANY: FORMER CONFORMED NAME: UNITED STATES STEEL LLC DATE OF NAME CHANGE: 20011205 8-K 1 a8-kpressreleasexdoubleeag.htm 8-K 8-Kpressrelease-DoubleEagle_483567_v1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


-----------------------

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

-----------------------

Date of Report (Date of earliest event reported):
May 29, 2015

United States Steel Corporation
-----------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)


Delaware
1-16811
25-1897152
---------------
------------------------
-------------------
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

600 Grant Street, Pittsburgh, PA
15219-2800
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----------
(Address of principal executive offices)
(Zip Code)

(412) 433-1121
------------------------------
(Registrant's telephone number,
including area code)

-----------------------------------------------------------------------------------
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 8.01 - Other Events

On June 1, 2015, United States Steel Corporation announced that it had completed the purchase of AK Steel’s interest in Double Eagle Steel Coating Company as of May 29, 2015. A copy of the related press release is filed herewith as Exhibit 99.1.

Item 9.01 – Financial Statements and Exhibits

(d) Exhibits

The following exhibits are filed herewith:

Exhibit No.
Description of Exhibit

99.1
Press Release, issued June 1, 2015




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UNITED STATES STEEL CORPORATION


By: /s/ Colleen M. Darragh___________
Colleen M. Darragh
Vice President and Controller



Dated: June 1, 2015


EX-99.1 2 a2015-021xunitedstatesstee.htm EXHIBIT 99.1 2015-021-UNITEDSTATESSTEELCORPORATIONANNOUNCESPURCHASEOFDESCO
Exhibit 99.1

United States Steel Corporation
Public Affairs
600 Grant Street
Pittsburgh, PA 15219-2800
 
News
 


    Contacts:         Media
Courtney Boone
(412) 433-6791
Sarah Cassella
(412) 433-6777
FOR IMMEDIATE RELEASE
UNITED STATES STEEL CORPORATION ANNOUNCES PURCHASE OF DESCO
Company makes further investment into lightweighting solutions for the auto industry.

PITTSBURGH, June 1, 2015 – Today United States Steel Corporation (NYSE: X) announced another strategic step in the company’s Carnegie Way transformation journey by completing the purchase of AK Steel’s interest in Double Eagle Steel Coating Company (DESCO). The 700,000 ton electrolytic-galvanizing line (EGL) will become part of the larger operational footprint of U. S. Steel’s Great Lakes Works.
The Great Lakes Works EGL at Dearborn will allow customers primarily in the automotive industry to be provided world-class steel coated products for both exposed and unexposed applications. Utilizing the patented CAROSEL® process to electrolytically apply zinc to steel substrate, the EGL line at Dearborn is the exclusive North America finishing line capable of providing both EG (free zinc) or EGA (an iron/zinc alloy) coatings.
“Continuing investment into our operations to provide the highest quality product critical to our customers’ success directly supports U. S. Steel’s ongoing transformation journey,” said U. S. Steel’s President & CEO Mario Longhi. “We seek to create innovative solutions for our customers now and well into the future. By increasing our operational footprint at Great Lakes Works, we are creating special synergies with our automotive customers as they seek to reach critical safety and fuel economy standards.”





The Great Lakes Works EGL line at Dearborn is ideally suited to increase our ability to provide industry-leading Advanced High Strength Steels (AHSS), including Gen3 grades under development, as well as producing high quality exposed steel for automotive body and closure applications. The line’s attributes, combined with the superior shape and mechanical properties of AHSS substrate from U. S. Steel’s joint venture, PRO-TEC Coating Company, allow Great Lakes Works EGL at Dearborn’s products to set the standard for coated Advanced High Strength Steels.
Items related to the transaction with AK Steel include a onetime payment of $25.2 million for the remaining interests of the joint venture as well as the transition of assets and utilities to U. S. Steel Great Lakes Works. Staffing of the facility will remain through AK Steel for a 90-day transition and training period as U. S. Steel determines the appropriate staffing levels.
 

-oOo-

021-2015

United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 200 company with major production operations in the United States and Europe and an annual raw steelmaking capability of 24.4 million net tons. The company manufactures a wide range of value-added steel sheet and tubular products. For more information about U. S. Steel, please visit www.ussteel.com.




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