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Fitch affirms U.S. Steel
Fitch Ratings said it affirmed United States Steel Corp.'s issuer default, senior unsecured notes, senior unsecured revolving credit facility and senior unsecured term loan ratings at BBB-.
The outlook is stable.
Ratings reflect U.S. Steel's relatively strong balance sheet and the strategic advantages from acquisitions in 2007, the agency said.
Fitch said it expects the issuer's total debt-to-EBITDA ratio to range between 1.1 times and 1.5 times.
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