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U.S. Steel expects continued weakness in Europe, uncertainty in North America

Expects a loss for our Flat-rolled segment due to slightly lower average realized prices, as well as lower shipments and higher operating costs.  Average realized prices and shipments are expected to be lower compared to the third quarter as a result of cautious purchasing patterns early in the quarter created by the uncertain global economic outlook; however, market conditions have recently begun improving in North America. Operating costs are expected to increase due to scheduled blast furnace and other maintenance projects.