Dec. 10, 2014
U.S. Steel Realigns Business Segments
United States Steel Corp., Pittsburgh, will realign its three reporting segments as part of its Carnegie Way process. The realignment goes into effect Jan. 1.
The North American Flat-Rolled realignment will include the creation of enterprise-wide commercial entities to specifically address the following markets: automotive, consumer, industrial, service centers and mining. Each entity will be led by an individual with knowledge of customers' current and future needs.
Service Center Solutions will align closely with service center and distributor customers. These customers provide a critical bridge to a variety of different enterprises for the company, U.S. Steel says.
Automotive Solutions will be based at U.S. Steel’s Automotive Center in Troy, Mich., where the company works jointly with customers to develop solutions utilizing the next generation of advanced high-strength steels to improve vehicle fuel efficiency and safety. Consumer Solutions will closely align with customers in the appliance, packaging, container and construction markets.
U.S. Steel Tubular Products' commercial and manufacturing operations, now Energy Solutions, will also be aligned to include customer solutions for the oil and gas industry, focusing on the go-to-market tubular goods business strategy from mill to rig, the company said. Based in Houston, this entity will build on the synergies of the company's nearby tubular operations, as well as the U.S. Steel Tubular Products Innovation and Technology Center, which houses the company's tubular research and development facilities.
"These commercial entities will put our company in a stronger position to be best-in-class in product innovation, customer service and solutions, as well as steel manufacturing," says Mario Longhi, president and CEO. "In today's global economy, it is important to be aligned as closely as possible with our customers and to help them address their ever-changing market demands."