PITTSBURGH (GLOBE NEWSWIRE) -- United States Steel Corporation (NYSE: X) today announced that it has commenced, subject to market conditions, an offering of $700 million aggregate principal amount of senior secured notes due 2025.

U.S. Steel intends to use the net proceeds from the offering to strengthen its balance sheet, increase liquidity and for general corporate purposes.

ABOUT U.S. STEEL

United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 250 company with major operations in the United States and Central Europe.