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U. S. Steel Canada Withdraws From Wabush Mines Sales Negotiations
HAMILTON, Ontario, March 4 /CNW/ -- U. S. Steel Canada Inc., a foreign subsidiary of United States Steel Corporation (NYSE: X), announced today that it has withdrawn from negotiations to sell its 44.6 percent interest in the Wabush Mines Joint Venture to ArcelorMittal Dofasco Inc. Cleveland-Cliffs Inc holds a 26.8 percent interest and Dofasco holds a 28.6 percent interest in the Wabush Mines Joint Venture. For more information about U. S. Steel, visit www.ussteel.com.
For further information:
For further information: John Armstrong, +1-412-433-6792; Erin DiPietro, +1-412-433-6845, both for U. S. Steel Canada Inc. Web Site: http://www.ussteel.com