US Steel (X), DuPont launches COASTALUME for coastal environments – October 18, 2023



United States Steel Corporation (X free report) and Dupont de Nemours (DD Free Report) introduces COASTALUME, North America’s first galvalume material designed and warranted for coastal environments. COASTALUME products combine the strength and self-healing properties of US Steel’s galvalume material with a DuPont Tedlar PVF film barrier that resists factors such as saltwater corrosion, UV damage, cracking, and impact. The jointly designed products are available exclusively through US Steel.

Nearly 40% of Americans live in coastal countries, where they are more often exposed to environmental hazards such as hurricane-force winds and salt water on clothing. U.S. Steel and DuPont are the first to use these two materials to develop a maintenance-free roofing solution that provides the level of durability and reliability required for coastal residential and commercial construction.

For architects, builders and homeowners alike, the combination of best-in-class warranties and timeless aesthetics, including a wide range of color and finish options, makes steel even more of a choice.

Through COASTALUME, US Steel combines its steel products with the proven performance and durability of DuPont Tedlar PVF films to perfectly address the special requirements of coastal construction, which must withstand long-term damage from wind and seawater. It will look like this.

U.S. Steel stock has increased 69.9% over the past year, while its industry has increased 35.3%.

U.S. Steel last month released guidance for the third quarter of 2023. The company expects adjusted net income per share to be in the range of $1.10 to $1.15. The company expects third quarter adjusted EBITDA to be approximately $550 million.

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