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Thursday, September 18, 2014

BRIEF-U.S Steel sought wide ranging relief from Ontario gov't -source, (NYSE: X)

United States Steel Corp : * Sought wide ranging relief from Ontario gov't-source * Sought environmental liability waivers, extension on the deadline to fund pension plans in Canada and forgiveness of a C$150 million loan -source * Sought to restructure under the Canada Business Corporations Act beforeseeking bankruptcy protection -source * Mulled splitting Canadian assets into different parts with the U.S. parentacquiring Lake Erie assets -source

United States Steel Corporation (U. S. Steel) is an integrated steel producer of flat-rolled and tubular products with production ope. Shares of X fell by 0.07% or $-0.03/share to $45.58. In the past year, the shares have traded as low as $20.00 and as high as $41.66. On average, 7592360 shares of X exchange hands on a given day and today's volume is recorded at 6489175.