LTV Steel Focus on the Future


LTV is making progress toward our long-term goal of transforming LTV into a stronger, broader-based manufacturing company. The hallmarks of our company include an efficient, high-quality integrated flat-rolled steel operation and a growing number of profitable metal fabrication businesses. Before our expansion in 1997 into metal fabrication, LTV was a substantially dependent on its integrated flat rolled steel business. That business produced 92% of annual revenues and earnings before taxes, interest espense and amortization (EBITDA). Today, our metal fabrication generates 30%of total annual revenues and, on a pro forma basis, nearly half of LTV's annual EBITDA.

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