{"id":8562,"date":"2017-07-12T11:08:56","date_gmt":"2017-07-12T11:08:56","guid":{"rendered":"https:\/\/staging.asminternational.org\/hts-new\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/"},"modified":"2023-02-07T04:49:00","modified_gmt":"2023-02-07T04:49:00","slug":"u-s-steel-corp-finalizes-sale-of-u-s-steel-canada-to-bedrock-industries","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/hts\/u-s-steel-corp-finalizes-sale-of-u-s-steel-canada-to-bedrock-industries\/","title":{"rendered":"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries"},"content":{"rendered":"

\n\tUnited States Steel Corp., Pittsburgh, announces that it has finalized an agreement with Bedrock Industries Group LLC, New York, for the sale and transition of ownership of U.S. Steel Canada Inc. to Bedrock. The transaction was finalized following requisite court and other approvals. <\/p>\n

\n\tIn connection with the closing, U.S. Steel received approximately $127 million in satisfaction of its secured claims, including interest, and unsecured claims. The terms of the plan and closing also included an agreement to provide mutual releases among key stakeholders, as well as a release of all claims against U.S. Steel regarding environmental, pension, and other liabilities. <\/p>\n

\n\tAs part of the transition in ownership, U.S. Steel will continue to provide certain transition services to USS Canada, and entered an agreement to supply USS Canada with all of its requirements for iron ore pellets through January 31, 2022. <\/p>\n

\n\tUnited States Steel  is a leading integrated steel producer and Fortune 300 company with major production operations in the United States and Central Europe. The company manufactures a wide range of value-added steel sheet and tubular products.<\/p>\n

\n\tBedrock Industries is a privately funded holding company focused on owning and operating metals, mining, and natural resources assets and related special situations. <\/p>\n

\n\thttp:\/\/www.ussteel.com<\/a><\/p>\n

\n\twww.bi15.com<\/a><\/p>\n

\n\t <\/p>\n","protected":false},"excerpt":{"rendered":"

United States Steel Corp., Pittsburgh, announces that it has finalized an agreement with Bedrock Industries Group LLC, New York, for the sale and transition of ownership of U.S. Steel Canada Inc. to Bedrock.<\/p>\n","protected":false},"author":63082,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[439,442,440,441,1],"tags":[],"class_list":["post-8562","post","type-post","status-publish","format-standard","hentry","category-general","category-mining-and-metals-processing","category-news","category-news-articles","category-uncategorized"],"yoast_head":"\nU.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries - Heat Treating Society<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries - Heat Treating Society\" \/>\n<meta property=\"og:description\" content=\"United States Steel Corp., Pittsburgh, announces that it has finalized an agreement with Bedrock Industries Group LLC, New York, for the sale and transition of ownership of U.S. Steel Canada Inc. to Bedrock.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/\" \/>\n<meta property=\"og:site_name\" content=\"Heat Treating Society\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-12T11:08:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-07T04:49:00+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/results\\\/-\\\/journal_content\\\/56\\\/10192\\\/27462513\\\/NEWS\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/results\\\/-\\\/journal_content\\\/56\\\/10192\\\/27462513\\\/NEWS\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries\",\"datePublished\":\"2017-07-12T11:08:56+00:00\",\"dateModified\":\"2023-02-07T04:49:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/results\\\/-\\\/journal_content\\\/56\\\/10192\\\/27462513\\\/NEWS\\\/\"},\"wordCount\":233,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/#organization\"},\"articleSection\":[\"general\",\"Mining and Metals Processing\",\"news\",\"News Articles\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/results\\\/-\\\/journal_content\\\/56\\\/10192\\\/27462513\\\/NEWS\\\/\",\"url\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/results\\\/-\\\/journal_content\\\/56\\\/10192\\\/27462513\\\/NEWS\\\/\",\"name\":\"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries - Heat Treating Society\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/#website\"},\"datePublished\":\"2017-07-12T11:08:56+00:00\",\"dateModified\":\"2023-02-07T04:49:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/results\\\/-\\\/journal_content\\\/56\\\/10192\\\/27462513\\\/NEWS\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/results\\\/-\\\/journal_content\\\/56\\\/10192\\\/27462513\\\/NEWS\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/results\\\/-\\\/journal_content\\\/56\\\/10192\\\/27462513\\\/NEWS\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/#website\",\"url\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/\",\"name\":\"Heat Treating Society\",\"description\":\"Heat Treating Society ASM International\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/#organization\",\"name\":\"Heat Treating Society\",\"url\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/cdn-prd-main.asm-media.cloud\\\/uploads\\\/sites\\\/85\\\/2022\\\/06\\\/layout_set_logo.png\",\"contentUrl\":\"https:\\\/\\\/cdn-prd-main.asm-media.cloud\\\/uploads\\\/sites\\\/85\\\/2022\\\/06\\\/layout_set_logo.png\",\"width\":286,\"height\":95,\"caption\":\"Heat Treating Society\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asminternational.org\\\/hts\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries - Heat Treating Society","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/","og_locale":"en_US","og_type":"article","og_title":"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries - Heat Treating Society","og_description":"United States Steel Corp., Pittsburgh, announces that it has finalized an agreement with Bedrock Industries Group LLC, New York, for the sale and transition of ownership of U.S. Steel Canada Inc. to Bedrock.","og_url":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/","og_site_name":"Heat Treating Society","article_published_time":"2017-07-12T11:08:56+00:00","article_modified_time":"2023-02-07T04:49:00+00:00","twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/#article","isPartOf":{"@id":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/"},"author":{"name":"","@id":""},"headline":"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries","datePublished":"2017-07-12T11:08:56+00:00","dateModified":"2023-02-07T04:49:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/"},"wordCount":233,"publisher":{"@id":"https:\/\/www.asminternational.org\/hts\/#organization"},"articleSection":["general","Mining and Metals Processing","news","News Articles"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/","url":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/","name":"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries - Heat Treating Society","isPartOf":{"@id":"https:\/\/www.asminternational.org\/hts\/#website"},"datePublished":"2017-07-12T11:08:56+00:00","dateModified":"2023-02-07T04:49:00+00:00","breadcrumb":{"@id":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.asminternational.org\/hts\/results\/-\/journal_content\/56\/10192\/27462513\/NEWS\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.asminternational.org\/hts\/"},{"@type":"ListItem","position":2,"name":"U.S. Steel Corp. finalizes sale of U.S. Steel Canada to Bedrock Industries"}]},{"@type":"WebSite","@id":"https:\/\/www.asminternational.org\/hts\/#website","url":"https:\/\/www.asminternational.org\/hts\/","name":"Heat Treating Society","description":"Heat Treating Society ASM International","publisher":{"@id":"https:\/\/www.asminternational.org\/hts\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asminternational.org\/hts\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asminternational.org\/hts\/#organization","name":"Heat Treating Society","url":"https:\/\/www.asminternational.org\/hts\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asminternational.org\/hts\/#\/schema\/logo\/image\/","url":"https:\/\/cdn-prd-main.asm-media.cloud\/uploads\/sites\/85\/2022\/06\/layout_set_logo.png","contentUrl":"https:\/\/cdn-prd-main.asm-media.cloud\/uploads\/sites\/85\/2022\/06\/layout_set_logo.png","width":286,"height":95,"caption":"Heat Treating Society"},"image":{"@id":"https:\/\/www.asminternational.org\/hts\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":""}]}},"acf":[],"_links":{"self":[{"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/posts\/8562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/users\/63082"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/comments?post=8562"}],"version-history":[{"count":0,"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/posts\/8562\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/media?parent=8562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/categories?post=8562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asminternational.org\/hts\/wp-json\/wp\/v2\/tags?post=8562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}