U.S. Steel Strengthens as Losses Level Off, Sees Profits in Future

SUGAR LAND--April 28, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--International steel giant United States Steel Corporation (NYSE:X) (Pittsburgh, Pennsylvania) reported lower-than-expected losses for the first quarter of 2010 and expects to return to profit in all major segments in the second quarter. The company recorded a net income loss of $157 million for the quarter, compared with a $439 million loss in the same period last year.