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Stock Market & Financial Investment News

News Breaks
January 30, 2013
07:06 EDTX, CRSCarpenter Technology & U.S. Steel enter into steel development agreement
Carpenter Technology (CRS) has finalized the completion of a formal cooperation agreement with United States Steel (X) which allows for the development of a new “lightweighting” steel for automotive applications. Originally designed for the aerospace industry, the new alloy may help automotive manufacturers meet recently mandated Corporate Average Fuel Requirement standards by lightweighting vehicles through mass reduction.
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June 17, 2013
15:53 EDTXS&P downgrades United States Steel to 'BB-'; outlook stable
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June 10, 2013
11:04 EDTXU.S. Steel appoints former Alcoa executive as chief procurement officer
United States Steel (X) announced the appointment of Christine Breves to the role of vice president and chief procurement officer. Breves joins U. S. Steel following her retirement from Alcoa Inc. (AA) in January and has more than 30 years experience in leading procurement and global sourcing strategies for large industrial firms in the mining and metals sector, U.S. Steel said.

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