US Steel and DuPont Collaborate to Launch COASTALUME for Coastal Environments

US Steel and DuPont de Nemours have jointly introduced COASTALUME, North America's pioneering GALVALUME material that has been specifically engineered and warranted for coastal environments. COASTALUME seamlessly integrates the remarkable strength and self-healing attributes of US Steel's GALVALUME material with the resilience of DuPont Tedlar PVF film, capable of withstanding saltwater corrosion, UV damage, cracking, impacts, and various other environmental factors. This innovative product is exclusively available through US Steel.

With nearly 40% of Americans residing in coastal regions, they frequently face environmental hazards like hurricane-force winds and exposure to saltwater. To cater to the needs of both residential and commercial construction in coastal areas, US Steel and DuPont have collaboratively crafted a low-maintenance roofing solution using these two materials for the very first time. This solution offers a level of durability and reliability that is indispensable in coastal construction.

For architects, builders, and homeowners, the combination of a top-tier warranty and an enduring aesthetic appeal, complete with an extensive array of color and finish options, enhances the steel offerings in the market.

By merging US Steel's steel with the established performance and durability of DuPont Tedlar PVF film through COASTALUME, U.S. Steel can comprehensively address the unique demands of coastal construction. This solution is engineered to withstand the challenges presented by the relentless impact of wind and saltwater over time, providing a robust and dependable option for construction in coastal environments.

In the past year, shares of US Steel have shown impressive growth, surging by 69.9%, compared to a 35.3% increase in the overall industry.

In the previous month, US Steel issued its guidance for the third quarter of 2023, anticipating adjusted net earnings per share to fall within the range of $1.10 to $1.15. Furthermore, the company expects adjusted EBITDA for the third quarter to reach approximately $550 million. US Steel currently holds a Zacks Rank #3 (Hold).

In the basic materials sector, some other stocks that are worth considering include Equinox Gold Corp. and Koppers Holdings Inc. Equinox is expected to witness an impressive earnings growth rate of 90% for the current year. It holds a Zacks Rank #1 (Strong Buy) and has demonstrated an average earnings surprise of about 18.1% over the past four quarters. The stock has gained approximately 40.8% over the course of the last year.

Koppers Holdings, on the other hand, is projected to achieve an earnings growth rate of 7.5% for the current year. It carries a Zacks Rank #2 (Buy) and has delivered an average earnings surprise of roughly 21.7% over the past four quarters. The stock has exhibited a notable increase of around 65.4% in the past year.