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.
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