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United States Steel Corporation Sells $160 Million Keystone Industrial Port Complex
December 23, 2020 GMT
PITTSBURGH (BUSINESS WIRE) Dec 23, 2020
United States Steel Corporation (NYSE: X) today announced it has closed on the sale of its non-core real estate asset, the Keystone Industrial Port Complex (KIPC), in Fairless Hills, Pennsylvania. Under the terms of the sale, the Company received approximately $160 million in cash.
“This non-core asset sale delivers on our strategic commitment to extract incremental value from our attractive portfolio of real estate assets,” commented U. S. Steel President and Chief Executive Officer David B. Burritt. “The proceeds from this transaction further enhance our strong cash position, supporting our decision to fund the purchase of the remaining Big River Steel equity with cash on hand.”
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Edison, NJ (SBWIRE) 12/24/2020 Latest Report Available at Advance Market Analytics, Cold Rolled Steel Coil Market provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
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Edison, NJ (SBWIRE) 12/24/2020 Latest Report Available at Advance Market Analytics, Cold Rolled Steel Coil Market provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
The global Cold Rolled Steel Coil market focuses on encompassing major statistical evidence for the Cold Rolled Steel Coil industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Cold Rolled Steel Coil study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key c