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Business Description
United States Steel Corporation owns and operates the former steel businesses of USX Corporation, now Marathon Oil Corporation (Marathon). The Company, through its Domestic Steel segment, is engaged in the production, sale and transportation of steel mill products, coke, taconite pellets and coal; the management of mineral resources; real estate development, and engineering and consulting services. Its U. S. Steel Kosice (USSK) segment, primarily located in the Slovak Republic, produces and sells steel mill products and coke, primarily for the Central European market. Certain business activities are conducted through joint ventures and partially owned companies, such as USS-POSCO Industries (USS-POSCO), PRO-TEC Coating Company (PRO-TEC), Clairton 1314B Partnership and Rannila Kosice, s.r.o.

Financial Information
X is engaged in the production and sale of steel mill products, coke, and taconite pellets, the management of mineral resources, domestic coal mining, real estate development and engineering and consulting services. For the six months ended 6/30/02, revenues fell 2% to $3.24 billion. Net loss totaled $56 million, up from $21 million. Results reflect lower realized prices for domestic sheet and tubular products, increased depreciation and reduced income tax benefits.