Best Canadian Stocks To Invest In 2016: 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 Anna Prior]
Martin Marietta Materials Inc.(MLM) will replace United States Steel Corp.(X) (X) in the Standard and Poor’s 500-stock index after the market closes July 1, according to S&P.
- [By Eric Volkman]
One of the longest-se! rving top executives at U.S. Steel (NYSE: X ) will soon depart. The company announced that CFO Gretchen Haggerty has served notice that she is to enter retirement later this year, and that it has launched a "comprehensive search" to find a replacement.
- [By Ben Levisohn]
Ever have those moments where you read an analyst report and are left scratching your head? Well, Credit Suisse’s downgrades of US Steel (X) and Nucor (NUE) today fit the bill.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-canadian-stocks-to-invest-in-2016-2.html
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