U. S. Steel Announces New Industry-Leading Warranty Policy for GALVALUME® Coated Steel Coils
12 Januar 2023 - 07:12PM
Business Wire
Doubles length of GALVALUME® steel warranty in
response to success and adoption of product among residential and
nonresidential building applications, supports a more sustainable
steel future
United States Steel Corporation (NYSE: X) (“U. S. Steel”)
announced today a doubling of the standard limited warranty policy
for GALVALUME® coated coils used in nonresidential and residential
building construction. The new warranties provided to U. S. Steel
customers will range from 40-60 years, a significant upgrade from
the existing 20-25 year warranties.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230112005671/en/
Roof of multi-family residential building
outfitted with U. S. Steel’s GALVALUME® coated steel coils for
superior and lasting performance. U. S. Steel upgraded its warranty
on GALVALUME® from 20-25 years to 40-60 years. (Photo: Business
Wire)
U. S. Steel's new warranty policy responds to the needs of
consumers and our customers alike, further supporting the growth of
corrosion-resistant sheet steels in building construction. These
longer warranties can provide builders with confidence that
GALVALUME® coated steel will have superior and lasting performance
– and withstand mother nature’s most extreme events like
hurricanes, heavy snowfall, and wildfires.
U. S. Steel has been coating GALVALUME® steel for more than 40
years and is the most experienced and longest tenured licensee of
GALVALUME® coated steel coils in North America. GALVALUME® coated
steel is a preferred alternative to zinc-aluminum coated steel
because the latter is often unlicensed and imported into the U.S.
construction market and may not meet the same performance standards
or have the same complex coated microstructure as GALVALUME®.
In addition to its superior longevity and corrosion resistance
for construction roofing and siding, GALVALUME® is a 100 percent
recyclable steel which is a key differentiator from other roofing
materials, such as traditional asphalt shingles, which frequently
require disposal into landfills.
"At U. S. Steel, we understand and share the commitment of our
customers and their customers who demand long performing,
environmentally-friendly building materials that are high quality
and cost-effective. Licensed GALVALUME® continues to prove itself
in the market as the premier choice for roofing and architectural
panels, and other construction applications,” said Ken Jaycox,
Senior Vice President & Chief Commercial Officer at U. S.
Steel.
The new warranties apply to coils shipped on or after January 1,
2023, with heavier coating weights receiving longer warranties.
Pre-painted products receive an additional 10 years of coverage.
GALVALUME® is a registered trademark of BIEC International Inc.
U. S. Steel was the first American steelmaker to commit to a net
zero greenhouse gas emissions goal by 2050 and the first North
American steel company to join ResponsibleSteel™, a global
not-for-profit working to make steel more sustainable. More
information on U. S. Steel’s greenhouse gas emissions targets and
environmental efforts is available here. More information on
GALVALUME® products is located here.
###
Founded in 1901, United States Steel Corporation is a leading
steel producer. With an unwavering focus on safety, the Company’s
customer-centric Best for All® strategy is advancing a more secure,
sustainable future for U. S. Steel and its stakeholders. With a
renewed emphasis on innovation, U. S. Steel serves the automotive,
construction, appliance, energy, containers, and packaging
industries with high value-added steel products such as U. S.
Steel’s proprietary XG3™ advanced high-strength steel. The Company
also maintains competitively advantaged iron ore production and has
an annual raw steelmaking capability of 22.4 million net tons. U.
S. Steel is headquartered in Pittsburgh, Pennsylvania, with
world-class operations across the United States and in Central
Europe. For more information, please visit www.ussteel.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230112005671/en/
Amanda Malkowski Media Relations Manager Corporate
Communications T - (412) 736-2475 E – almalkowski@uss.com
US Steel (NYSE:X)
Historical Stock Chart
Von Mär 2023 bis Apr 2023
US Steel (NYSE:X)
Historical Stock Chart
Von Apr 2022 bis Apr 2023