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United States Steel Corporation Revises 2011 Fourth Quarter and Full-Year Results

02.28.2012

PITTSBURGH, Feb. 28, 2012 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) filed its Annual Report on Form 10-K for the period ending December 31, 2011, which includes revisions to the unaudited fourth quarter and full-year 2011 results that were reported in the earnings release issued on January 31, 2012.  Following the release of the unaudited financial results, U. S. Steel recorded pricing adjustments related to iron ore pellets purchased in 2011.  The net loss was reduced by $15 million, or $0.10 per diluted share, resulting in fourth quarter net loss of $211 million, or $1.46 per diluted share, and full-year 2011 net loss of $53 million, or $0.37 per diluted share.

For more information about U. S. Steel, visit www.ussteel.com.

SOURCE United States Steel Corporation

For further information: CONTACT: Media: Erin DiPietro, +1-412-433-6845, or Investors/Analysts: Dan Lesnak, +1-412-433-1184

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