US Steel announced Monday a reorganization of the company's reporting segments: North American Flat-Rolled, Tubular and US Steel Europe.
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.
Automotive Solutions will be based at the company's Automotive Center in Troy, Michigan, where the company works jointly with customers to develop solutions utilizing the next generation of advanced high-strength steels (AHSS).
Consumer Solutions will closely align with customers in the appliance, packaging, container and construction markets.
Industrial Solutions will focus on the company's customers in the pipe and tube manufacturing market, as well as the agricultural and industrial equipment markets.
Service Center Solutions will align closely with service center and distributor customers.
Mining Solutions will include all operations relating to the company's Minnesota Ore Operations facilities–Minntac in Mt. Iron and Keetac in Keewatin–as well as the company's iron ore equity joint ventures. As the largest and lowest cost pellet producer in Minnesota, the company had a total taconite pellet production of 24.1 million net tons in 2013. US Steel's integrated steel plants will be the primary customers of the Mining Solutions entity.
In addition to the new commercial entities, the company also announced an increased focus on Flat-Rolled manufacturing operations. The emphasis will be on implementing strategic initiatives, including reliability centered maintenance, quality and a continued commitment to safety.
US Steel Tubular Products' commercial and manufacturing operations, now Energy Solutions, will also be aligned to include customer solutions for the oil and gas industry. Based in Houston, this entity will build on the synergies of the company's nearby tubular operations as well as the US Steel Tubular Products Innovation and Technology Center, which houses the company's tubular research and development facilities.
US Steel Europe will become US Steel European Solutions and is already aligning through The Carnegie Way transformation to accelerate focus on their customers.