Changes for page United States Steel Corp
Last modified by Md. Touhidul Islam on 2023/02/06 07:03
edited by Md. Touhidul Islam
on 2023/02/06 06:19
on 2023/02/06 06:19
edited by Md. Touhidul Islam
on 2023/02/06 06:15
on 2023/02/06 06:15
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(Autosaved)
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... ... @@ -130,18 +130,13 @@ 130 130 |(% style="width:119px" %)1979|(% style="width:435px" %)Restructuring - closure of 13 loss-making steel plants. 131 131 |(% style="width:119px" %)1982|(% style="width:435px" %)Acquisition of Marathon Oil. 132 132 |(% style="width:119px" %)1984-1986|(% style="width:435px" %)Buys US properties and oil reserves of Husky Oil Ltd; Acquisition of Texas Oil & Gas Corporation. 133 -|(% style="width:119px" %)1986|(% style="width:435px" %)JV with POSCO to modernize USX Pittsburg plant (California). 134 134 |(% style="width:119px" %)1986|(% style="width:435px" %)Change of name to USX Corporation. (Name change to **USX** was in recognition of United States Steel's involvement at this point in steel, energy and other non-steel business) 135 135 |(% style="width:119px" %)1990|(% style="width:435px" %)Cost-cutting consolidation of Texas Oil and Marathon Oil. 136 136 |(% style="width:119px" %)2001|(% style="width:435px" %)USX split into 2: United States Steel Corp & Marathon Oil (In the reorganiz(% style="background-color:transparent" %)ation of USX in 2001, the United States Steel Corporation took on the same name in which it had been founded 100 years earlier). 137 137 |(% style="width:119px" %)2003|(% style="width:435px" %)Purchase of bankrupt steelmaker Sartid in Serbia. 138 -|(% style="width:119px" %)2014|(% style="width:435px" %)US Steel Corporation removed from S&P 500 index on 1st July. 139 -|(% style="width:119px" %)2017|(% style="width:435px" %)Finalizes restructuring and sale of U. S. Steel Canada. 140 -|(% style="width:119px" %)2019|(% style="width:435px" %)The steel producer buys a minority stake in Big River Steel. 141 -|(% style="width:119px" %)2020|(% style="width:435px" %)Acquires Remaining 50% Ownership Interest in USS-POSCO Industries (UPI). 142 -|(% style="width:119px" %)2020|(% style="width:435px" %)Buys remaining 50.1% stake in Big River Steel LLC for $774 million. 143 -|(% style="width:119px" %)2021|(% style="width:435px" %)Abandons $1.1 billion investment project in the Mon Valley; Sells Transtar LLC to Fortress Transportation and Infrastructure Investors LLC; Executes MOU With Equinor for Hydrogen and CCS; Commences site selection process for new 3 mt flat-rolled minimill in USA. 144 -|(% style="width:119px" %)2022|(% style="width:435px" %)Pays $1.5 million fine for pollution violations at Edgar Thomson Works. 137 +|(% style="width:119px" %) |(% style="width:435px" %) 138 +|(% style="width:119px" %) |(% style="width:435px" %) 139 +|(% style="width:119px" %) |(% style="width:435px" %) 145 145 146 146 = Recent Developments = 147 147