Exhibit 99.1 U. S. STEEL TO CLOSE STRAIGHTLINE BY YEAR END PITTSBURGH, Dec. 8, 2003 - 91ÖÆƬ³§ Corporation (NYSE: X) announced today that it is closing its technology-enabled steel distribution unit Straightline Source effective December 31, 2003. As a result, U. S. Steel will record a fourth quarter pre-tax charge of approximately $25 million. U. S. Steel intends to fulfill current contractual commitments Straightline has with customers and suppliers.