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Release of Finalized Earnings, Director Re-Elections, Ratified Labor Agreements, and Company Restructuring - Analyst Notes on U.S. Steel, ArcelorMittal, Axiall, AK Steel, and Tronox

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts Review

Mar 18, 2014, 08:00 ET

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NEW YORK, March 18, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding United States Steel Corp. (NYSE: X), Arcelor Mittal (NYSE: MT), Axiall Corporation (NYSE: AXLL), AK Steel Holding Corporation (NYSE: AKS), and Tronox Limited (NYSE: TROX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

United  States  Steel  Corp.  Analyst  Notes

On February 25, 2014, United States Steel Corp. (U.S. Steel) reported that it successfully finalized its Q4 2013 and full-year 2013 earnings (preliminarily reported on January 28, 2014), in order to reflect additional after-tax benefits of $392 million. Consequent to this, the Company's results for the full year improved $392 million to a net loss of $1,672 million, or $11.56 per share, versus a net loss of $2,064 million, or $14.27 per share, as reported. Mario Longhi, President and CEO, commented, "We are transforming our business with The Carnegie Way, which extends to every aspect of U. S. Steel including our operations, our balance sheet and our global structure. While we still face many challenges, we are moving forward with purpose and beginning to see the results of our actions, allowing us to accelerate investment in innovation and the company's future success." The full analyst notes on United States Steel Corp. are available to download free of charge at:

http://www.AnalystsReview.com/03182014/X/report.pdf

ArcelorMittal  Analyst  Notes

On March 10, 2014, ArcelorMittal held its 2014 Investor Day. Presentations were given by: Lakshmi Mittal, Chairman and CEO; Aditya Mittal, Chief Financial Officer and CEO of ArcelorMittal Europe; Davinder Chugh, CEO of ArcelorMittal Africa and CIS, responsible for Algeria, Kazakhstan, South Africa and Ukraine, along with Marc Vereecke COO ACIS; Lou Schorsch, GMB member with responsibility for Americas; and Bill Scotting, Chief Executive of Mining. Lakshmi Mittal commented, "The leading indicators for our business have now been in positive territory since mid-2013. With around two thirds of our deliveries to the developed markets and an expected turnaround in EU and NAFTA demand in 2014, there is a foundation for growth this year as well as positive momentum into next year. Overall we made strategic progress at ArcelorMittal in 2013: we are focussed on the right drivers of performance and we have the right strategy. From top to bottom, as an organisation we are focusing our efforts on executing the implementation of this strategy." The full analyst notes on ArcelorMittal are available to download free of charge at:

http://www.AnalystsReview.com/03182014/MT/report.pdf

Axiall  Corporation  Analyst  Notes

On March 5, 2014, Axiall Corporation (Axiall) reported its nominees that will stand for election to the Company's Board of Directors at its 2014 annual meeting of stockholders, slated to take place on May 20, 2014. The Company informed that all of its current directors, except Stephen E. Macadam, will stand for re-election. Macadam, who has served as a Director since 2009, notified the Board that he has no plans to seek re-election. However, he will stay on as a director until the Company's 2014 annual meeting of stockholders. Mark L. Noetzel, Chairman of Axiall, commented, "Steve is an excellent director of Axiall Corporation and has made significant contributions to the company and its board. While the board is disappointed he will not seek re-election, we are grateful for his years of service, his advice and expertise, and his dedication in helping to steer Axiall Corporation through a truly transformational period. We all will miss Steve's counsel and fellowship." The full analyst notes on Axiall Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03182014/AXLL/report.pdf

AK  Steel  Holding  Corporation  Analyst  Notes

On February 24, 2014, AK Steel Holding Corporation (AK Steel) announced that members of the United Steelworkers (USW) Local 169 have ratified a three-year labor agreement covering at least 280 hourly production and maintenance employees at the Company's Mansfield (OH) Works. James L. Wainscott, Chairman, President and CEO of AK Steel, commented, "We are pleased to have reached a new labor agreement at our Mansfield Works ahead of the expiration date. The agreement continues to serve the interests of both the company and Local 169 members in an increasingly competitive, global steel industry." The current agreement will expire on March 31, 2014, whereas the new agreement will be effective starting March 31, 2014 and will expire on March 31, 2017. The full analyst notes on AK Steel Holding Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03182014/AKS/report.pdf

Tronox  Limited  Analyst  Notes

On March 6, 2014, Tronox Limited (Tronox) welcomed Richard Muglia as Senior Vice President, General Counsel, and Corporate Secretary. Muglia has acted as deputy general counsel of Tronox since February 2013. Muglia will replace Michael Foster, who leaves the Company on May 31, 2014. However, to facilitate the transition, Foster will maintain his leadership role as Senior Vice President of the Tronox legal group. The full analyst notes on Tronox Limited are available to download free of charge at:

http://www.AnalystsReview.com/03182014/TROX/report.pdf

About  Analysts  Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

=============

EDITOR  NOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For  any  urgent  concerns  or  inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCE  PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT  FINANCIAL  ADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO  WARRANTY  OR  LIABILITY  ASSUMED

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.AnalystsReview.com/

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