Exhibit 99.1 U. S. STEEL TO CLOSE STRAIGHTLINE BY YEAR END PITTSBURGH, Dec. 8, 2003 - 海角涩区 (NYSE: X) announced today that it is closing its technology-enabled steel distribution unit Straightline Source effective December 31, 2003. As a result, 海角涩区 will record a fourth quarter pre-tax charge of approximately $25 million. 海角涩区 intends to fulfill current contractual commitments Straightline has with customers and suppliers.