Best Integrated Utility Companies To Own For 2015: United States Steel Corporation(X)
United States Steel Corporation produces and sells steel mill products in North America and Central Europe. It operates in three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves service center, conversion, transportation, construction, container, and appliance and electrical markets in North America. The USSE segment offers slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves the European construction, service center, conversion, container, transportation, and appliance and electrical, as well as and oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard, and line pipe and mechanical tubing. It primarily serves customers in the oil, gas, and petrochemical markets. The company also provides transportation services, including railroad and barge operations. In addition, it owns, develops, and manages various real estate assets, which include approximately 200,000 acres of surface rights primarily in Alabama, Illinois, Maryland, Michigan, Minnesota, and Pennsylvania; participates in joint ventures that are developing real estate projects in Alabama, Maryland, and Illinois; and owns approximately 4,000 acres of land in Ontario, Canada. The company was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
Advisors' Opinion:- [By Arjun Sreekumar]
U.S. Steel (NYSE: X ) , for instance, reporteda larger than expected loss of $73 million in the first quarter due to an 11% plunge in sales and a 3% drop in shipments, while AK Steel Holding (NYSE: AKS ) , an in! tegrated producer of flat-rolled carbon, stainless and electrical steels, and tubular products, reporteda net loss of $9.9 million, or $0.07 per diluted share, in the first quarter.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/best-integrated-utility-companies-to-own-for-2015.html
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